Chandeleur Pipe Line Company

Second Revised Volume No. 1

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Effective Date: 02/01/2003, Docket: RP03-220-000, Status: Effective

First Revised Sheet No. 40 First Revised Sheet No. 40 : Effective

Superseding: Second Substitute Original Sheet No. 40

GENERAL TERMS

AND CONDITIONS

 

7.0 FIRM CAPACITY RELEASE UNDER ORDER NO. 636 (Cont'd)

 

7.7 Chandeleur's Internet Website: www.chandeleur.com

 

(a) Chandeleur will maintain an interactive internet

website at http://www.chandeleur.com that allows

Shippers to enter notices of capacity available

and bids for released capacity. This data

will be maintained on a vintage basis with the

most recent proposed released capacity shown

first and the oldest proposed shown last.

With regard to such postings, Chandeleur will

show on its internet website the following

information:

 

(1) With respect to proposed released capacity,

the releasing party (including Chandeleur

itself with respect to uncontracted firm

capacity), Receipt and Delivery Points,

proposed price up to Chandeleur's maximum

monthly or daily Reservation Charge,

whether the proposed release is permanent

or temporary, methods of evaluating bids

and breaking ties, other terms and

conditions of the proposed release, and in

the event the releasing party has a pre-

arranged agreement, the identity of pre-

arranged replacement Shipper.

 

(2) Bids for each package of proposed released

capacity showing the terms (excluding

bidding Shipper's name) of the bid, e.g.,

matching all the terms proposed by the

releasing Shipper or Chandeleur itself,

including the price and the terms of that

offer and the price and the terms of any

counter offer.