Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 06/01/2000, Docket: RP00-271-000, Status: Effective

First Revised Sheet No. 124 First Revised Sheet No. 124 : Effective

Superseding: Original Sheet No.124

GENERAL TERMS AND CONDITIONS (cont'd)

19.5(a) SHIPPER's Obligations - (cont'd)

Once the ACQUIRING SHIPPER executes its FT-1 or FT-

2 Transportation Service Agreement resulting from

a Permanent Release or Transporter provides the

ACQUIRING SHIPPER an addendum to its Temporary

Release Agreement the ACQUIRING SHIPPER becomes an

existing Shipper with separate firm contract

quantities like any other Shipper and is subject

to the applicable provisions of Transporter's FERC

Gas Tariff, including but not limited to

Transporter's billing and payment and operational

provisions.

(b) RELEASING SHIPPER: The RELEASING SHIPPER shall

remain fully liable under its existing TSA for

the payment of all reservation charges for the

contract quantity which has not been released,

associated surcharges, fixed charges, and direct

bills owing to Transporter each month under the

existing TSA, as well as for services performed

for or penalties incurred by the RELEASING SHIPPER

under its TSA with respect to any remaining

capacity thereunder.

19.6 Offer and Bid Procedures:

(a) Offer of Firm Capacity: A Shipper desiring to

release firm capacity pursuant to Section 19.3

shall post or have posted on Transporter's

Interactive Internet Website, in accordance with

timelines in Section 19.9 utilizing the Form of

Capacity Release, a complete offer of firm

capacity (herein called "Offer") except as

provided otherwise in subsection 19.3(d).

Transporter shall date and time stamp all Offers

as they are received unless the RELEASING SHIPPER

specifies a time and date for its Offer to be

posted. In such event, Transporter shall post the

Offer at the time specified by the RELEASING

SHIPPER, provided that such time does not conflict

with the deadlines set forth in Section 19.9. The

RELEASING SHIPPER agrees that its posted Offer

specifically is subject to the following

conditions:

(i) In the event two or more RELEASING SHIPPERS

wish to combine Offers of capacity into one

Offer, the capacity must be released for the

same term and under the same conditions, and

each RELEASING SHIPPER, prior to the posting

of such an Offer, must notify Transporter in

writing or through Transporter's Interactive

Internet Website of the appointment of the

same agent for purposes of submitting a joint

Offer.