El Paso Natural Gas Company

Second Revised Volume No. 1A

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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

Fourth Revised Sheet No. 147E Fourth Revised Sheet No. 147E

Superseding: Third Revised Sheet No. 147E

 

RATE SCHEDULE ISS

Interruptible Storage Service

(Continued)

6. TRANSFER OF GAS IN PLACE

 

6.1 Transfer of Gas in Place. A Shipper ("Transferor") may sell gas in

its storage account to another Party ("Transferee"), pursuant to

this Rate Schedule provided:

 

(a) Transferor has all necessary authority to sell the gas.

 

(b) Subject to the scheduling provisions of Section 6 of the GT&C,

Transferee and Transferor submit a nomination notifying

Transporter of the sale of stored quantities.

 

(c) Transporter verifies that the Transferor has sufficient gas

quantity in its storage account to effectuate the transfer.

 

(d) On the date the transfer is to become effective, the

Transferee shall have an Executed ISS TSA to accommodate the

quantity being acquired from the Transferor.

 

(i) Transporter is not obligated to immediately withdraw

transferred gas quantities from storage.

 

(ii) Transferee is not obligated to immediately withdraw

transferred gas quantities from storage; however,

transferred quantities shall be subject to the terms and

conditions of Transferee's ISS TSA.

 

7. TERMINATION OF STORAGE SERVICE

 

7.1 Shipper is required to remove all stored quantities no later than

the termination date of the ISS TSA. Upon termination of the ISS

TSA, any stored quantity not removed shall become the property of

Transporter at no cost to Transporter, free and clear of any adverse

claims. Transporter shall extend the time by one Day for each Day

that Shipper submits a valid nomination for the withdrawal of stored

quantities that it is unable to confirm or schedule due to

operational reasons.

 

7.2 Shipper is required to remove all stored quantities no later than

the termination date of Shipper's Transport TSA. Upon termination

of Shipper's Transport TSA, any gas quantity still in storage shall

become the property of Transporter at no cost to Transporter, free

and clear of any adverse claims.