Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 12/20/1998, Docket: CP96-159-006, Status: Effective

Original Sheet No.7 Original Sheet No.7 : Effective

RATE SCHEDULE FT-1

FIRM TRANSPORTATION SERVICE

1. AVAILABILITY

1.1 This Rate Schedule FT-1 is available to any person

(hereinafter called Shipper) who requests

transportation of natural gas on a firm basis through

Transporter's Facility pursuant to Part 284 of the

FERC's Regulations and who has executed a FT-1

Transportation Service Agreement for a minimum term of

one year with Mississippi Canyon Gas Pipeline, LLC

(hereafter called Transporter or Transportation Service

Provider).

1.2 Transporter shall accept written

transportation requests for firm service under

this Rate Schedule on a first-come/first-served

basis determined in accordance with the Shipper's

transportation service request date. The

transportation service request date shall be the

date and time Transporter receives a request from

the Shipper pursuant to Section 6 of this Rate

Schedule. All requests for service under Rate

Schedule FT-1 received on or before 3:00 p.m. CDT

on July 1, 1996, shall be deemed to have the same

date and time, and if the sum of all such requests

and all requests for service under Rate Schedule

FT-2 received on or before 3:00 p.m. CDT on July

1, 1996, exceed the design capacity of

Transporter's Facility, then the available

capacity shall be allocated to Shippers requesting

service under Rate Schedules FT-1 and FT-2 pro

rata, based on requested Maximum Daily Quantity.

The unsatisfied portion of any requests for

service under Rate Schedules FT-1 and/or FT-2

received on or before 3:00 p.m. CDT on July 1,

1996, shall be maintained on Transporter's firm

transportation log and shall be considered first-

come/first-served with respect to any future firm

transportation capacity that becomes available on

Transporter's Facility. Transporter shall offer

such available firm capacity on a pro rata basis

to each such Shipper having an unsatisfied request

for service which was received on or before 3:00

p.m. CDT on July 1, 1996, from time to time as and

when firm capacity becomes available, until the

Shipper has subscribed to or declined firm

capacity equal to the unsatisfied portion of its

original request for service.