Florida Gas Transmission Company

Third Revised Volume No. 1

Effective Date: 06/01/2000, Docket: RP00-262-000, Status: Effective

First Revised Sheet No. 185 First Revised Sheet No. 185 : Superseded

Superseding: Original Sheet No. 185

GENERAL TERMS AND CONDITIONS

(continued)

unilateral rollover term exercised by the Shipper unless such

right has been extinguished under Section C herein. Such Right of

First Refusal shall apply only to entitlement under Service

Agreements at maximum tariff rates with a term of twelve

consecutive months or longer. The Right of First Refusal shall be

exercised as follows:

1. Twelve months prior to the expiration of the primary term,

or any exercised unilateral rollover provision, Transporter

shall post the availability of such capacity for bid on its

EBB.

2. Parties interested in acquiring such capacity or any portion

thereof shall be required to submit bids for such capacity

during a six-month period commencing with the posting. Any

bid must include the following information:

(a) the identity of the bidder including business address,

telephone and facsimile numbers;

(b) the Primary Receipt and Delivery points;

requested;

(d) the rate schedule under which service is requested;

(e) the rate bid

(f) the length of the term the bidder requests;

(g) such other information as is required for the bid to

be considered a valid request for service under the

applicable rate schedule.

3. At the end of the six-month bidding period, Transporter

shall provide the Shipper having the Right of First Refusal

("Existing Shipper") with notice of the terms of any bid, or

bids acceptable to Transporter. Such notice shall occur

within 30 days from the date that the bidding process has

closed. On the date of such notice, a 30-day negotiation

period shall commence.