Pine Needle LNG Company, LLC

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-428-000, Status: Effective

First Revised Sheet No. 74A First Revised Sheet No. 74A : Effective

Superseding: Substitute Original Sheet No. 74A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

20. CAPACITY RELEASE (Continued)

 

20.9 Posting Periods (Continued)

 

(b) Intraday Release of Pre-Arranged Offers Not Subject to Bid

(All times are Central Clock Time)

 

Posting times for intraday determination shall be as follows:

 

(i) Intraday 1 Cycle

 

9:00 a.m. Posting of pre-arranged offers not subject to bid.

 

10:00 a.m. Pine Needle shall tender Replacement Customer's contract.

Replacement Customer may nominate in the ID1 nomination cycle

as specified in Section 17.1.

 

(ii) Timely Cycle

 

10:30 a.m. Posting of pre-arranged offers not subject to bid.

 

11:30 a.m. Pine Needle shall tender Replacement Customer's contract.

Replacement Customer may nominate in the timely nomination

cycle as specified in Section 17.1.

 

(iii) Intraday 2 Cycle

 

4:00 p.m. Posting of pre-arranged offers not subject to bid.

 

5:00 p.m. Pine Needle shall tender Replacement Customer's contract.

Replacement Customer may nominate in the ID2 nomination cycle

as specified in Section 17.1.

 

(iv) Evening Cycle

 

4:00 p.m. Posting of pre-arranged offers not subject to bid.

 

6:00 p.m. Pine Needle shall tender Replacement Customer's contract.

Replacement Customer may nominate in the evening nomination

cycle as specified in Section 17.1.

 

(c) For Longer-Term Releases (One Year or More):

 

The timeline is the same as Short-Term Releases except that the Releasing

Customer shall post the offer via Pine Needle's EBB service or electronic data

interchange by 12:00 p.m. Central Clock Time four (4) business days before the

bidding period ends. The bidding period closes at 1:00 p.m. Central Clock Time

on the business day before nominations are due.

 

(d) The Maximum Posting Period shall be:

 

(i) Thirty (30) business days for a release period of one year or less.

 

(ii) Ninety (90) business days for a release period of greater than one year.