El Paso Natural Gas Company

First Revised Volume No. 1-A

Effective Date: 04/01/1993, Docket: RS92- 60-011, Status: Effective

2nd Substitute Original Sheet No. 286 2nd Substitute Original Sheet No. 286 : Superseded

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

28. CAPACITY RELEASE PROGRAM (Continued)

28.8 Open Season and Matching Period - The minimum term of any open

season to be held as a consequence of the posting by a

Releasing Shipper of its election to release capacity in

accordance with Sections 28.4 or 28.5 hereof shall be as

specified below, except that: (1) no open season shall be

required for a pre-arranged release that is for the maximum

reservation charge(s) and reservation surcharge(s) applicable

to the rate schedule pursuant to which capacity is released

under this Volume No. 1-A Tariff as in effect from time to

time; and (2) no open season shall be required for a

pre-arranged release with a duration of less than one month

regardless of the rate bid.

(a) Capacity released under a pre-arrangement, for a period of

less than one (1) month may not be rolled over or extended

unless an offer to release is posted on El Paso's

electronic bulletin board, prior to the effective date of

the rollover or extension, treating the extension or

rollover as a pre-arranged release and initiating the

appropriate open season. A Releasing Shipper may not

re-release capacity subject to this paragraph (a) to the

same Acquiring Shipper until thirty (30) days after the

first release period has ended unless such Acquiring

Shipper offers to pay the maximum reservation charge(s)

and reservation surcharge(s) and such bid meets all the

terms and conditions of the subsequent release or such

Acquiring Shipper is the highest bidder for the capacity

during the open season.

(b) For capacity to be released for a term of less than one

(1) calendar month and which is being offered subject to

the Option 4 bid evaluation procedure specified in Section

28.10 below, an open season of at least one (1) business

day shall be held commencing at least two (2) business

days prior to the effective day of the release. If the

bids are to be evaluated in accord with Options 1 or 2,

the open season must commence at least two (2) business

days prior to the effective date of the release. If the

capacity to be released is subject to a pre-arranged bid,

the open season must commence at least three (3) business

days prior to the effective date of the release to allow

for a minimum of one (1) business day for the Pre-Arranged

Shipper to match any bids received during the open