Northwest Pipeline Corporation G P

Fourth Revised Volume No. 1

Effective Date: 02/20/2009, Docket: RP09-227-000, Status: Effective

Original Sheet No. 261A Original Sheet No. 261A

22.3 CAPACITY RELEASE OFFERS (Continued)

10. whether Releasing Shipper is willing to accept

contingent bids that extend beyond the open season and the

terms and conditions applicable to such contingency,

including the rights and obligations of the next highest

Bidder to secure the released capacity in the event that the

contingency is not fulfilled or the winning contingent

Bidder exercises its option not to take the capacity. The

date to which the contingency may be extended must end at

least four (4) working days prior to the effective date of

the release.

22.4 CAPACTIY RELEASE BIDS.

(a) All bids for released capacity shall be made through

Transporter's Designated Site setting forth the following:

1. Bidder's name and capacity release number bidding on;

2. receipt point(s) and delivery point(s) bidding on and

the volume and rate associated with each;

3. if bidding on storage, the volume and rates for both

the storage withdrawal or vaporization rights and the

storage capacity rights;

4. term of bid;

5. minimum percentage of the volume which the Bidder is

willing to accept; and