ANR Pipeline Company

Second Revised Volume No. 1

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Effective Date: 11/01/2006, Docket: RP06-613-000, Status: Effective

Fourth Revised Sheet No. 152 Fourth Revised Sheet No. 152 : Effective

Superseding: Third Revised Sheet No. 152

GENERAL TERMS AND CONDITIONS

(Continued)

reasonably deem necessary. Transporter shall approve or

disapprove each proposed trade by March 1 of the year in which

the request is submitted. Further, Transporter shall approve

requested trades unless it can demonstrate, on a reasonable, good

faith basis, that one or more of the following conditions would

occur if the trade were effectuated:

(1) The trade would violate any provision of Transporter's

Tariff; or

(2) The trade would impair Transporter's ability to honor any

commitments then in effect to any firm service customer; or

(3) At an assumed one hundred percent (100%) load factor

utilization for the next succeeding twelve (12) Months

relative to the traded capacity entitlements, and the rates

that parties to the trade have agreed shall be utilized, the

reservation or commodity revenues payable to Transporter

would be less than if the trade did not occur.

(d) Transporter's approval of a trade hereunder shall be

shown by execution of Agreement amendments providing

for such trade, and the requests for trade hereunder

shall be deemed to constitute the consent of the

trading parties to such amendment.

(e) Eligible Shippers shall be entitled to participate in

one or more trades hereunder, subject to the terms and

conditions set forth herein. Information concerning

capacity trades will be posted on GEMStm in accordance

with Section 21.1(i) of these General Terms and

Conditions as if the trades were pre-arranged releases

at maximum rates.

21. CAPACITY RELEASE PROVISIONS

This section sets forth the terms and conditions that are

applicable to the release of firm entitlements under various

services that are provided pursuant to this Tariff.

21.1 Procedure. Capacity released shall be subject to the

terms and conditions of this Section 21.1.