Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

Effective Date: 02/22/2009, Docket: RP09-240-000, Status: Effective

First Revised Sheet No. 419 First Revised Sheet No. 419

Superseding: Original Sheet No. 419

GENERAL TERMS AND CONDITIONS

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(b) The quantity of the capacity (in Dth/day) and the

transportation path(s) (or segment(s) thereof) being released,

including identification by Natural's PIN Number (or Common Code) of

the Receipt Points and Delivery Points defining the release

path/segment and the firm capacity to be released at each such

point; and the extent to which storage capacity in which the

Releasing Shipper has gas is being released;

recall and/or reput, and if so, the exact conditions for such recall

and/or reput (which conditions must conform to Sections 19.5 and

19.14);

(d) The proposed effective date and proposed term of

the release;

(e) Whether the Releasing Shipper wants Natural to

actively market the Releasing Shipper's capacity rights pursuant to

Section 20 of these General Terms and Conditions;

(f) Whether the Releasing Shipper will accept Qualified

Bids which are contingent on subsequent events (such as the

subsequent purchase of upstream or downstream capacity), and if so,

what events and the last date by which such contingency must be

fulfilled;

(g) The starting date for the open season and the

length of time for the open season (which must conform to

Section 19.7);

(h) Whether the Releasing Shipper will accept Qualified

Bids whose revenues will vary by the volume transported, and if so,

any minimum amount to be billed as a reservation charge even if

there is no flow (or insufficient flow);

(i) Which of the bid evaluation procedures set forth in

Section 19.10 the Shipper wishes to use, if any;

(j) Whether the Qualified Bids are to specify dollars

and cents and/or percentage of the maximum tariff rate or an index

based formula as detailed in the Capacity Release Request;

(k) Under a release of storage capacity, whether the

capacity being released is subject to certain conditions on the sale

and/or repurchase of gas in storage inventory and on there being a

certain amount of gas left in storage at the end of the release and

if so, any such conditions; and