Portland Natural Gas Transmission System

Second Revised Volume No. 1

Contents / Previous / Next / Main Tariff Index

Effective Date: 03/01/2009, Docket: RP09-338-001, Status: Effective

Substitute First Revised Sheet No. 345 Substitute First Revised Sheet No. 345

Superseding: Original Sheet No. 345

GENERAL TERMS AND CONDITIONS (Continued)

requirements of Section 11. Nothing in the preceding sentence shall preclude

a Releasing Shipper from releasing capacity on a different Segment of the

pipeline, which does not utilize or overlap the Segment on which capacity

previously was released, to such Prearranged Replacement Shipper during the

twenty-eight (28) Day restricted period.

(b) Capacity Releases for a term greater than one year to Prearranged

Replacement Shippers Offering to Pay the Maximum Rate that Transporter is

Authorized to Charge. If a Releasing Shipper has found a Prearranged

Replacement Shipper willing to acquire, for a term greater than one year, the

full amount of the capacity released at the maximum rate Transporter is

authorized to charge, the Releasing Shipper need not post a Release Notice or

comply with the bidding and allocation requirements of this Section. The

Releasing Shipper shall notify Transporter of the terms of the proposed

release transaction in writing or via Transporter's Interactive Internet

Website. The Releasing Shipper's notice to Transporter shall include all

information listed in Section 11.6(c)(1)-(7), as well as any other relevant

terms of the proposed release transaction. Transporter shall post notice of

the terms of the proposed accepted release on its Interactive Internet Website

as soon as possible, but in no event later than forty-eight (48) hours after

the commencement of the release transaction, and, if applicable, will verify

the creditworthiness of the Prearranged Replacement Shipper in accordance with

this Tariff. As soon as these provisions are satisfied, Transporter shall

make available a Gas Transportation Contract to the Prearranged Replacement

Shipper and a Capacity Release Agreement to the Releasing Shipper, which shall

then have two (2) Business Days to execute the agreements.

participating in a Retail Access Program. If a Releasing Shipper has found a

Prearranged Replacement Shipper acquiring capacity for a Retail Access

Program, the Releasing Shipper need not post a Release Notice or comply with

the bidding and allocation requirements of this Section. The Releasing

Shipper shall notify Transporter of the terms of the proposed release

transaction in writing or via Transporter's Interactive Internet Website. The

Releasing Shipper's notice to Transporter shall include all information listed

in Section 11.6(c)(1)-(7), as well as any other relevant terms of the proposed

release transaction, including an indication that the release is being

completed pursuant to a Retail Access Program. Transporter shall post notice

of the terms of the proposed accepted release on its Interactive Internet

Website as soon as possible, but in no event later than the first nomination

after the release truncation commences, and will verify the creditworthiness

of the Prearranged Replacement Shipper in accordance with this Tariff. As

soon as these provisions are satisfied, Transporter shall make available a Gas

Transportation Contract to the Prearranged Replacement Shipper and a Capacity

Release Agreement to the Releasing Shipper, which shall then have two (2)

Business Days to execute the agreements.