Phillips Gas Pipeline Company

First Revised Volume No. 1

Effective Date: 06/01/1993, Docket: RS92- 47-003, Status: Effective

Original Sheet 60A Original Sheet 60A : Effective

(b) PGPL shall within one (1) business day, post notice

of such Releasing Shipper's available capacity on its

EBB. Such notice shall include all information

delineated in Section 21.4(a), herein above.

Additionally, PGPL shall include in the notice: (1)

the maximum reservation rate (including any

demand-type surcharges) applicable to the capacity

being released; (2) the date and time the bid period

ends; and (3) the date and time the notice is posted

on the EBB. PGPL's EBB also provides for direct

posting by: (i) a Releasing shipper desiring to

release all or a portion of its available capacity; or

(ii) a Potential Replacement Shipper. Bids may

then be submitted to PGPL by Potential

Replacement Shippers at any time during the open

season described herein below, via PGPL's EBB.

Should a Potential Replacement Shipper be unable

or otherwise choose not to utilize the EBB, it may

alternatively conduct any and all business

delineated in this Section 21.4(b) by contacting

D. C. Harban via telephone (713-669-2930), fax

(713-669-3402) or as provided in Section 17.1 of the

General Terms and Conditions contained within

this Tariff. Regardless of the method a Potential

Replacement Shipper chooses to notify PGPL, all

bids, including those made by mail, telephone or

fax will be promptly posted on the EBB. A

Potential Replacement Shipper may not bid more

than the maximum rate specified by this First

Revised Volume No. 1 Tariff; nor may the volume

or the terms of the release of such bid exceed the

maximum volume or term specified by the

Releasing Shipper. A Releasing Shipper may not

rollover or extend a release of less than one (1)

calendar month without first posting such extension

on the EBB for competitive bidding. Also, the

Releasing Shipper may not enter into a new short-

term release with the same Potential Replacement

Shipper until at least thirty (30) days after the first

release. The term of any open season