El Paso Natural Gas Company

First Revised Volume No. 1-A

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

2nd Substitute Original Sheet No. 288 2nd Substitute Original Sheet No. 288 : Superseded

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Continued)

 

28.8 Open Season and Matching Period (Continued)

 

(f) With respect to any pre-arranged release which is not

subject to an open season, the Releasing Shipper shall

post notice not later than forty-eight (48) hours after

the transaction commences.

 

(g) If any Releasing Shipper agrees to accept a contingent bid

pursuant to Section 28.4(p) the beginning of the open

season as set forth in Sections 28.8(a), (b), (c), (d) and

(e) above shall start earlier by the number of business

days so stated by the Releasing Shipper.

 

28.9 Bids for Released Capacity - A bid may be submitted to El Paso

by a Bidding Shipper at any time during the open season via

El Paso's electronic bulletin board.

 

(a) Each bid for released capacity must include the following:

 

(i) Bidding Shipper's legal name, address, and the name

and title of the individual responsible for

authorizing the bid;

 

(ii) the term of the proposed acquisition;

 

(iii) the maximum reservation charge(s) and reservation

surcharge(s) Bidding Shipper is willing to pay for

the capacity;

 

(iv) the volume desired and any minimum acceptable volume;

 

(v) whether or not the Bidding Shipper is an affiliate of

the Releasing Shipper;

 

(vi) whether the bid is a contingent bid and the

contingency which must be satisfied before the date

specified by the Releasing Shipper pursuant to

Section 28.4(p) above; and

 

(vii) all other information requested by the Releasing

Shipper.

 

(b) Any bid received by El Paso during the open season shall

be posted on El Paso's electronic bulletin board