Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 02/23/2009, Docket: RP09-253-000, Status: Effective

First Revised Sheet No. 296 First Revised Sheet No. 296

Superseding: Original Sheet No. 296

GENERAL TERMS AND CONDITIONS

(continued)

18. CAPACITY RELINQUISHMENT

A. General

This Section sets forth the sole means by which a firm Shipper ("Relinquishing

Shipper") may, pursuant to Section 284.8 of the Commission's Regulations,

relinquish its firm capacity rights under a service agreement with Transporter to a

third party ("Acquiring Shipper").

Non-biddable relinquishments are prearranged relinquishments that are defined as

follows:

1. A capacity relinquishment for any period of thirty-one (31) days or less.

A firm Shipper shall not roll over, extend or in any way continue such

capacity relinquishment to the same Acquiring Shipper until 28 days after

the first release period has ended. This 28-day period does not apply to

any release to the same Acquiring Shipper that is posted for bidding or

that qualifies for any of the other exemptions from bidding set forth in

Sections A.2, A.3 or A.4 below.

2. A capacity relinquishment for more than one year at the maximum tariff

rate.

3. A capacity relinquishment to an asset manager as defined in Section

284.8(h)(3) of the Commission’s Regulations.

4. A capacity relinquishment to a marketer participating in a state-

regulated retail access program as defined in Section 284.8(h)(4) of the

Commission’s Regulations.

All other relinquishments shall be biddable.

B. Capacity Eligible For Release

A Shipper with a service agreement under Rate Schedule FTS-1, FTS-WD or FTS-2 may

relinquish all or a portion of its firm capacity ("eligible capacity") from an

individual Service Agreement pursuant to this Section 18. A Shipper may also

relinquish all or a portion of its NNQ under Rate Schedule NNTS; provided however,

Shipper may only relinquish its Rate Schedule NNTS capacity at the Shipper's

primary delivery points. Capacity held by a Shipper under any rate schedule other

than as set forth above shall not be eligible for capacity relinquishment.

Relinquishments under this section may not exceed the maximum rate applicable to

the relinquished capacity; provided, however, that no rate limitation shall apply

to a capacity relinquishment for a period of one year or less if the

relinquishment is to take effect on or before one year from the date on which

Transporter is notified of the relinquishment.

Re-release of capacity: Acquiring Shipper may re-release acquired capacity subject

to the terms attached to the acquired capacity in all previous releases.