El Paso Natural Gas Company

First Revised Volume No. 1-A

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Effective Date: 10/01/1993, Docket: RS92- 60-018, Status: Effective

First Revised Sheet No. 297 First Revised Sheet No. 297 : Superseded

Superseding: 2nd Substitute Original Sheet No. 297

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Continued)

 

28.15 Notice of Offer to Purchase Capacity (Continued)

 

to access the electronic bulletin board and elects to provide

El Paso with the information in some other form, El Paso shall

post such offer on its electronic bulletin board within

twenty-four (24) hours of receipt of such offer. The offering

party may furnish all data for posting which it deems

appropriate but at a minimum such data shall include the

following:

 

(i) offering party's legal name, address, and person to

contact for additional information;

(ii) the term of the proposed purchase;

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

surcharge(s) the party is willing to pay for the capacity;

(iv) the volume desired; and

(v) the delivery points.

 

28.16 Rates - The reservation charge(s) and reservation surcharge(s)

for any released firm capacity shall be the reservation

charge(s) and reservation surcharge(s) bid by the Acquiring

Shipper, but in no event shall such reservation charge(s) and

reservation surcharge(s) be less than El Paso's minimum or

more than El Paso's maximum reservation charge(s) and

reservation surcharge(s) under the applicable rate schedule as

in effect from time to time. In addition, Acquiring Shipper

shall pay the maximum usage charge as well as all other

applicable charges and surcharge(s) for the service rendered

unless discounted by El Paso. For a volumetric reservation

charge, the sum of the reservation charge(s) and reservation

surcharge(s) shall be converted to a daily rate by dividing by

the number of days in the month.

 

28.17 Marketing Fee - When a Releasing Shipper requests that El Paso

actively market the capacity to be released, the Releasing

Shipper and El Paso shall negotiate the terms of the marketing

service to be provided by El Paso and the marketing fee to be

charged therefor.

 

28.18 Billing - El Paso shall bill the Acquiring Shipper the rate(s)

specified in the Acquired Capacity Agreement or the

Transportation Service Agreement and any other applicable

charges and such Acquiring Shipper shall pay the billed