Mobile Bay Pipeline Company

Second Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-361-000, Status: Effective

Third Revised Sheet No 238 Third Revised Sheet No 238 : Effective

Superseding: Superseding Second Revised Sheet No. 238

Transporter. All bids for released

capacity shall be posted promptly upon

receipt by Transporter. The

information concerning each bid shall

include the rate, the volume or

capacity, the term of the bid and any

other factors or conditions that

accompanied the bid provided, however,

that the name of the bidder shall not

be disclosed. This procedure shall

also apply to prearranged bids.

Releasing Customer may release

eligible capacity to a Prearranged

Customer for any period of 31 days or

less without being subject to the

prior notice and bidding requirements

set forth in paragraph (B)(1) above;

provided, however, the terms and

conditions of such releases will be

posted on theCustomer Electronic

System by 9:00 a.m. Central Clock Time

on the day nominations are due. The

Releasing Customer may elect to act as

agent for the Prearranged Customer for

purposes of nominations,

confirmations, and billings. In such

case, Releasing Customer shall notify

Transporter of its agency relationship

with the Prearranged Customer and

provide in its release notice the

terms and conditions of the agency

relationship. If the Releasing

Customer so elects to act as the

Prearranged Customer's agent, the

release transaction shall be deemed to

begin upon notice to Transporter by

the Releasing Customer of its election

to act as the Prearranged Customer's

agent. If the Releasing Customer does

not elect to act as agent for the

Prearranged Customer, the release

transaction shall be deemed to begin

only upon the execution of the

appropriate service agreement between

the Prearranged Customer and

Transporter. In addition, if the

Releasing Customer does not elect to

act as agent for the Prearranged