Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 09/01/2005, Docket: RP05-454-000, Status: Effective

Original Sheet No. 130A Original Sheet No. 130A : Effective

GENERAL TERMS AND CONDITIONS (cont'd)

19.6 Offer and Bid Procedures (e) - (cont'd)

(iv) Prior to submitting a bid on an Offer of

Temporary Release of capacity, the bidder

must request and execute a Temporary Release

Agreement. The terms of each winning bid

shall be set forth on an Addendum to the

ACQUIRING SHIPPER's applicable Temporary

Release Agreement.

(v) Prior to submitting a bid on an offer of

Permanent or Temporary Release of capacity

from an FT-2 TSA for subsequent service under

Rate Schedule FT-2, the bidder must have

complied with the provisions of Section 1.2

of Rate Schedule FT-2.

(f) Bidding Procedures: All complete bids on a

RELEASING SHIPPER's Offer, shall be transmitted

electronically to Transporter on its Interactive

Internet Website in accordance with the times and

dates as set forth in Section 19.9. Transporter

shall date and time stamp all bids as they are

received and shall post complete bids on the

Interactive Internet Website for the posting

period pursuant to Section 19.9 the standard

information provided in the bid pursuant to

subsection 19.6 (g), except for the name of the