Southern LNG Inc.

Original Volume No. 1

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Effective Date: 12/01/2001, Docket: CP99-582-004, Status: Effective

Original Sheet No. 94 Original Sheet No. 94 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Southern LNG shall post on SoNet the details of the winning bid and the Acquiring

Customer's name as soon as possible after the released capacity is awarded. This

notice shall stay on SoNet for at least thirty (30) days.

 

(k) If no bids are submitted by the date upon which all bids are due, the Releasing

Customer's Offer shall be removed from SoNet.

 

(l) All Releasing Customers and Acquiring Customers must comply with the deadlines set

forth in Section 16.6(a) above in order to avoid cancellation of their offers or bids

by Southern LNG.

 

16.7 Offers to Purchase Capacity:

 

Southern LNG agrees to post on SoNet, at a party's request, offers to purchase firm capacity on

a permanent or temporary basis pursuant to GT&C § 20. Each offer will remain on SoNet for five

(5) business days before it is removed, unless the requesting party notifies Southern LNG prior

to the expiration of any five-day period that it wishes to extend the posting for an additional

five (5) business days.

 

16.8 Capacity Release Nominations:

 

Southern LNG will permit Acquiring Customers to submit a nomination at the earliest available

nomination opportunity after the acquisition of capacity.