Rockies Express Pipeline LLC (Entrega)

Second Revised Volume No. 1

Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective

Original Sheet No. 152 Original Sheet No. 152 : Effective

GENERAL TERMS AND CONDITIONS

11. IMBALANCES, PURCHASE AND SALE OF GAS AND ACQUISITION OF OFF-SYSTEM

CAPACITY (Contd.)

11.6 PURCHASE AND SALE OF GAS

Transporter is not providing a supply service under any Rate

Schedule of this Tariff. Without limitation of the foregoing,

Transporter may purchase and/or sell Gas to the extent necessary

to maintain System pressure, to acquire, maintain or manage line

pack Gas on the System, to implement the cashout procedures under

this Section 11 and/or to perform other System management or

operational functions deemed necessary from time-to-time in

connection with providing transportation services. The

availability of Gas for sale or interest in purchasing Gas will be

posted for bidding on Transporter's Interactive Website in

accordance with the applicable bidding provisions set forth in

this Tariff. If Transporter completes a purchase or sale of Gas,

Transporter will post on its Interactive Website, to the extent

feasible, not more than two (2) Business Days after the

transaction is complete, the counterparty, the date of the

purchase/sale, volume and the purchase/sale price. The

information pertaining to a completed transaction shall remain on

the Interactive Website for at least thirty (30) Days. Further,

by April 1 of each Year, Transporter shall submit a report to the

Commission stating the above information for each purchase/sale

transaction occurring during the previous calendar Year. The

annual report will also include information on the cost and

revenue associated with the purchase/sale(s), an explanation as to

the purpose of the purchase/sale(s), and all entities, including

affiliates, from which Transporter purchased operational Gas. The

Point(s) of any such purchase or sale shall occur at any Receipt

Points or Delivery Points on Transporter's System, or at Points

located within any off-System Capacity held by Transporter on

other systems. Such purchases or sales shall be authorized

pursuant to Transporter's blanket certificate and will be made on

a non-discriminatory basis. Any buyer of Gas will be required to

arrange with Transporter for the necessary transportation from the

Point of sale. Nothing herein shall impose on Transporter any

obligation to provide a supply function to any of its Shippers.