Northwest Pipeline Corporation G P

Fourth Revised Volume No. 1

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Effective Date: 08/01/2009, Docket: RP09-607-000, Status: Effective

Second Revised Sheet No. 265D Second Revised Sheet No. 265D

Superseding: First Revised Sheet No. 265-D

GENERAL TERMS AND CONDITIONS

(Continued)

22. CAPACITY RELEASE (Continued)

22.8 CAPACITY RELEASE OPEN SEASONS.

NAESB WGQ Capacity Release Related Standards 5.3.2, 5.3.10 through

5.3.17, 5.3.19, and 5.3.25 through 5.3.30 (Version 1.8) will apply and

are incorporated by reference.

22.9 CAPACITY RELEASE TIMELINES.

The following Capacity Release timelines in Central Clock Time (with

Mountain Clock Time in parentheses) reflect NAESB WGQ Standard 5.3.2

(Version 1.8):

Biddable Releases (less than one year).

Timeline pertains to a Business Day:

Offers Tendered: Noon (11:00 A.M.)

Open Season Ends: 1:00 P.M. (Noon)

Evaluation Begins: 1:00 P.M. (Noon)

Contingency eliminated.

Best bid determined.

Ties broken.

Evaluation Ends: 2:00 (1:00) P.M.

Award Posted if no Match: 2:00 (1:00) P.M.

Match Response: 2:30 (1:30) P.M.

Award Posted if Match: 3:00 (2:00) P.M.

Contract Issued: Within One Hour of

Award Posting

Nomination Possible: Next Available

Nomination Cycle

for Effective Date

of Contract