Kinder Morgan Louisiana Pipeline LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective

Original Sheet No. 188 Original Sheet No. 188

 

GENERAL TERMS AND CONDITIONS

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(a) The Releasing Shipper's legal name, address and phone

number, the Eligible Firm Transportation Agreement number, the date

of the Eligible Firm Transportation Agreement and the name and title

of the individual responsible for authorizing the capacity release;

 

(b) The quantity of the capacity (in Dth per Day) and

the transportation path(s) [or segment(s) thereof] being released,

including identification by KMLP's PIN Number of the Receipt

Points, Delivery Points defining the release path/segment and the

firm capacity to be released at each such point;

 

(c) Whether the capacity being released is subject to

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

and/or reput (which conditions must conform to Sections 14.5 and

14.14);

 

(d) The proposed effective date and proposed term of the

release;

 

(e) Whether the Releasing Shipper wants KMLP to actively

market the Releasing Shipper's capacity rights pursuant to Section

15 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 14.7);

 

(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 14.10 the Shipper wishes to use, if any;

 

(j) Whether the Qualified Bids are to specify dollars

and cents and/or percentages of the maximum tariff rate, or an index

based formula as detailed in the Capacity Release Request;