Millennium Pipeline Company, L. L. C.

Original Volume No. 1

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Effective Date: 11/01/2009, Docket: RP10-17-000, Status: Effective

First Revised Sheet No. 509 First Revised Sheet No. 509

Superseding: Original Sheet No. 509

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(i) maintain system pressure and line pack;

(ii) manage system imbalances;

(iii)perform other operational functions of Transporter in connection

with transportation and other similar services; or

(iv) otherwise protect the operational integrity of Transporter's

system.

 

Any Operational Transaction will be made on an unbundled basis and the

purchaser of gas sold or tendered by Transporter will be responsible for any

transportation. Sales by Transporter will be made at Receipt Point(s) or at

the points of interconnection with the upstream pipelines prior to receipt

into Transporter's system. Other Operational Transactions will be made at

locations where the gas may be most operationally needed from time to time.

Operational Transactions will have a lower priority than firm service.

 

54.2 Transporter will post its Operational Transaction quantities for

bidding on its EBB in accordance with the applicable bidding provisions

which will be posted at the time of the Operational Transaction offer.

Transporter reserves its right, in its sole discretion,

 

(i) to withdraw its postings;

(ii) reject all bids due to operational changes; and

(iii) reject any bids which do not meet or which contain modifications

to the terms of the posting or which contain terms that are

operationally unacceptable.

 

54.3 Transporter will file a report on or before March 1 of each year

reflecting the Operational Transactions for the 12-month period ending the

preceding December 31.

 

The report will indicate:

 

(i) whether the Operational Transaction was a purchase, sale, borrow

or tender;

(ii) the source of the gas in the Operational Transaction;

(iii) the date of the Operational Transaction; (for borrows and tenders,

Transporter will include the beginning and termination dates of

the transaction);

(iv) volumes;

(v) the Operational Transaction price, expressed as a rate per

dekatherm;

(vi) the costs and revenues from the Operational Transaction;

(vii) the disposition of the associated costs and revenues, including

their absorption by Transporter;

(viii)an explanation of the purpose of any Operational Transaction; and

(ix) whether Transporter exercised its rights under Sections 54.2(i)

and (ii).