Transwestern Pipeline Company

Second Revised Volume No. 1

Effective Date: 04/14/2003, Docket: RP03-307-000, Status: Effective

Eighth Revised Sheet No. 95A Eighth Revised Sheet No. 95A : Effective

Superseding: Seventh Revised Sheet No. 95A

GENERAL TERMS AND CONDITIONS

(continued)

where: i = interest rate per month using the current

Commission interest rate as defined in 18

C.F.R. 154.501(d),

n = term of the agreement, in months, and

R = the rate bid on a monthly basis (the

reservation charge, if a two-part rate,

and the commodity rate, if a one-part

rate), and

Q = the Quantity stated in Dth

In the event that bids of equal value exceed available

capacity, the capacity shall be allocated by means of any

non-discriminatory, objective standard designated by

Releasing Shipper, and included in the Offer to Release

Capacity (or, if no designation, then by means of a pro rata allocation).

d) Shipper Designated Method: Capacity shall be allocated

under an objective, non-discriminatory allocation

methodology, applicable to all potential Replacement

Shippers (which method is to be included in the Offer to

Release Capacity).

e) Shipper Pre-Arranged Deal: Capacity shall be allocated in

accordance with an agreement negotiated between the

Releasing Shipper and a third party ("Pre-Arranged

Shipper"), subject to the Posting and Bidding Procedure,

set forth in Section 30.7 herein, except that Pre-Arranged

Deals at the maximum rates or above maximum rates if

applicable pursuant to Section 30.9 (c) hereof are not

required to be subject to the Posting and Bidding

Procedure. The Pre-Arranged Shipper will be required to

submit a bid to Transporter in accordance with the terms of

its Pre-Arranged Deal with the Releasing Shipper.

30.3 Releases for Thirty-One (31) Days or Less

For a release of thirty-one (31) days or less, no Offer to Release

Capacity (Section 30.4) shall be required, and no Posting and

Bidding (Section 30.7) shall apply. However, a notice of capacity

release award shall be posted pursuant to Section 30.6 (f).

Potential Replacement Shippers will nevertheless be required to

submit a Valid Bid to Transporter.