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. 195 Original Sheet No. 195

 

GENERAL TERMS AND CONDITIONS

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14.7 POSTINGS; OPEN SEASON

 

(a) A Capacity Release Request received by KMLP via EDI

(which is applicable only for Prearranged Capacity Release Request)

or through the Interactive Website prior to the starting time of the

open season requested by the Releasing Shipper in its Capacity

Release Request in conformance with this Section 14 shall be posted

on the Informational Postings portion of KMLP's Interactive Website

as requested. The posting shall contain the information contained in

the Capacity Release Request, except that the minimum price in any

minimum price condition requested to be held confidential by the

Releasing Shipper (but not the existence of the minimum bid

condition), shall be kept confidential and shall not be posted. The

posting shall also include the maximum reservation charge (including

all reservation surcharges) applicable to the capacity subject to

the Capacity Release Request, the beginning and ending time for the

open season and the time the notice was posted. KMLP shall post the

Capacity Release Request upon receipt, unless the Releasing Shipper

requests otherwise. If the Releasing Shipper requests a posting

time, KMLP will comply with that request as long as it comports with

the deadlines set forth in this Section 14.

 

(b) An open season shall consist of: (1) a one (1) hour

period on a Business Day between 12:00 p.m. and 1:00 p.m. Central

Clock Time or (2) any number (no fractions) of Business Days running

from 12:00 p.m. Central Clock Time on a Business Day to 1:00 p.m.

Central Clock Time on the following Business Day, as requested by

the Releasing Shipper in its Capacity Release Request; provided,

however, that any capacity release for a period of one (1) Year or

longer must have an open season of at least three (3) Business Days,

each running from 12:00 p.m. Central Clock Time on a Business Day to

1:00 p.m. Central Clock Time two (2) Business Days later.

 

(c) A Releasing Shipper may not specify an extension of

an open season or the match period for a Prearranged Release.

Rather, the Releasing Shipper must submit a new Capacity Release

Request.

 

14.8 QUALIFIED BIDS FOR RELEASED CAPACITY RIGHTS

 

(a) At any time during an open season, a Qualified Bidder

may submit a Qualified Bid to KMLP's Interactive Website (or in

writing for posting on KMLP's Interactive Website if KMLP's