Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 415 Original Sheet No. 415 : Pending

GENERAL TERMS AND CONDITIONS

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(3) For prearranged releases not requiring bidding

under this Section 19:

(i) For the Timely Cycle, postings are due

by 10:30 a.m.; contract issued within one hour of award posting (with a new

contract number, when applicable); nomination possible beginning at the

next available nomination cycle for the effective date of the contract

(Central Clock Time).

(ii) For the Evening Cycle, postings are

due by 5:00 p.m.; contract issued within one hour of award posting (with a

new contract number, when applicable); nomination possible beginning at the

next available nomination cycle for the effective date of the contract

(Central Clock Time).

(iii) For the Intraday 1 Cycle, postings are

due by 9:00 a.m.; contract issued within one hour of award posting (with a

new contract number, when applicable); nomination possible beginning at the

next available nomination cycle for the effective date of the contract

(Central Clock Time).

(iv) For the Intraday 2 Cycle, postings are

due by 4:00 p.m.; contract issued within one hour of award posting (with a

new contract number, when applicable); nomination possible beginning at the

next available nomination cycle for the effective date of the contract

(Central Clock Time).

(d) (1) Natural will not award capacity release offers

to a Shipper until and unless the Shipper meets Natural's creditworthiness

requirements applicable to all services that it receives from Natural,

including the service represented by the capacity release.

(2) Natural shall provide the original Releasing

Shipper with Internet E-mail notification reasonably proximate in time with

any of the following formal notices given by Natural to the Releasing

Shipper's Replacement Shipper(s), of the following:

(i) Notice to the Replacement Shipper

regarding the Replacement Shipper's past due, deficiency, or default status

pursuant to Natural's tariff;

(ii) Notice to the Replacement Shipper

regarding the Replacement Shipper's suspension of service notice;

(iii) Notice to the Replacement Shipper

regarding the Replacement Shipper's contract termination notice due to

default or credit-related issues; and