Williams Natural Gas Company

Second Revised Volume No. 1

Effective Date: 10/01/1994, Docket: RP94-381-000, Status: Effective

First Revised Sheet No. 242 First Revised Sheet No. 242 : Superseded

Superseding: Substitute Original Sheet No. 242

GENERAL TERMS AND CONDITIONS

11. FIRM CAPACITY REASSIGNMENT (Cont'd)

(b) WNG will post the information provided by the Releasing

Shipper on its EBB. The posting will include, but will not be

limited to:

(1) the quantity available for assignment,

(2) the points of receipt and delivery and the released

quantity for each point,

(3) the term of the assignment, and whether the release is on

a permanent or temporary basis,

(4) whether the assignment is firm or recallable and the

recall conditions, if applicable,

(5) the minimum reservation charge including the reservation

balancing fee the Releasing Shipper will accept, and/or,

if the Shipper elects, the minimum Reservation Charge

restated on a volumetric basis,

(6) any Pre-arranged Shipper proposed to obtain released

capacity under the rates, terms and conditions contained

in the Shipper's Notice

(7) whether contingent bids will be accepted subject to

Article 11.4(c),

(8) any other conditions the Releasing Shipper specifies for

the assignment in accordance with Article 11.4 (a).

Posting will ensue no later than two business days after

receipt of the Shipper's request.

The posting will continue for as long as requested by the

Releasing Shipper, provided that releases for terms of less

than one year will be posted for at least two (2) Business

days, and releases for terms of one year or more will be

posted for at least ten (10) business days. In no event will

either posting period exceed thirty days. The releasing

Shipper is responsible for verifying the accuracy of the

posting.

A Releasing Shipper may withdraw its offer to release capacity

at any time prior to the close of the bidding period specified

in Article 11.4 only if an unanticipated need for the capacity

develops.