Southern LNG Inc.

Original Volume No. 1

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Effective Date: 08/01/2009, Docket: RP09-857-000, Status: Effective

Third Revised Sheet No. 122 Third Revised Sheet No. 122

Superseding: Substitute First Revised Sheet No. 122

 

GENERAL TERMS AND CONDITIONS

(Continued)

APPENDIX D

CAPACITY RELEASE TIMETABLE 2

Except as set forth in Timetable 1, the following deadlines apply to all standard offers to release firm

capacity under the provisions of Section 16 of these General Terms and Conditions for a term of ONE YEAR OR LESS

(short-term releases). All parties who wish to submit such offers or who wish to bid on such posted offers

(including a Prearranged Bidder) must take all actions required by Section 16 within the following time periods

to avoid disqualification.

 

For Standard Offers: For Nonstandard Offers:

Business Day Prior to Business Day Prior to

Daily or Intraday-1 Daily Nomination Deadline

Nomination Deadline or for Day of Release

Same Business Day for

Evening or Intraday-2

Nomination Deadline Event

 

(12:00 p.m.) 2 (12:00 p.m.) Offer posted by Releasing

(11:45 a.m. via EDI) 2 (11:45 a.m. via EDI) Customer

 

(1:00 p.m.) 2 (1:00 p.m.) Open Season for bids ends

(1:15 p.m. via EDI) 2 (1:15 p.m. via EDI) Evaluation periods begin during

provided bid is time stamped provided bid is time stamped which contingencies are eliminated,

by 1:00 p.m. by 1:00 p.m. best bid is determined, ties are

broken, and capacity is evaluated

 

2:00 p.m. 1 2:00 p.m. Evaluation period ends

Prearranged Bidder

notified on SoNet if best

bid is higher

Winner is notified if

there is no Prearranged Bidder

 

(2:30 p.m.) 1 (2:30 p.m.) Prearranged Bidder

(2:45 p.m. via EDI) 1 (2:45 p.m. via EDI) chooses to match or not

provided bid is time-stamped provided bid is time-stamped

by 2:30 p.m. by 2:30 p.m.

 

3:00 p.m. 1 3:00 p.m. Winner is notified if

Prearranged Bidder does not match;

General notice to all

Bidders posted on SoNet

Premier; Addendum to Acquiring

Customer's Firm Service Agreement

is available on Sonet Premier;

Nomination possible beginning at

next available nomination cycle

for the effective date of the

Addendum.