Sabine Pipe Line Company

Second Revised Volume No. 1

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Effective Date: 07/10/1995, Docket: RP95-357-000, Status: Effective

First Revised Sheet No. 254 First Revised Sheet No. 254 : Superseded

Superseding: Original Sheet No. 254

Prearranged Bidder will be resolved on the basis

of a lottery if the releasing shipper fails to

specify a tie breaker. Sabine will notify the

winner, and within forty-eight (48) hours will

post all bids on its electronic bulletin board.

The winning bidder's name will be posted and

losing bids will be posted with the bidder's names

deleted. Sabine will prepare a Confirmation Letter

for the Replacement Shipper and the Replacement

Shipper shall execute and return the Confirmation

Letter prior to Sabine's nomination deadline for

the flow of gas utilizing the released capacity.

 

b) Offers to Release Capacity for 31 Days or Less

 

Offers to Release Capacity for 31 days or less

must be submitted to Sabine at least five (5)

business days prior to Sabine's nomination

deadline for the flow of gas utilizing the

released capacity. Sabine shall collect all

Offers to Release Capacity, review such offers for

completeness and accuracy, and assign an Offer

Number to each offer. Sabine will post Offers to

Release Capacity, one (1) business day after on

Sabine's Electronic Bulletin Board within one (1)

business day after Sabine's receipt of the Offer

to Release Capacity. All offers will remain on

Sabine's Electronic Bulletin Board for two (2)

business days unless Releasing Shipper specifies

the offer remain for a longer period. Sabine will

post the relevant terms of all bids, other than

the name of the bidder, one (1) business day after

each bid is received by Sabine. In the event

Releasing Shipper specifies a longer posting

period, the deadline for submitting Shipper's

offer to Sabine shall be revised to be one (1)

business day earlier for each additional business

day of posting specified. Bids for the offers are

due by 9:00 a.m. Central Time on the bid deadline

day. Upon receipt of the bids Sabine will review

the bids to determine eligibility and to determine

the best bid using criteria submitted by the

Releasing Shipper or the criteria set forth in

Subsection 10.9, if the Releasing Shipper chooses

not to set forth best bid criteria. If a