Bluewater Gas Storage, LLC

Original Volume No. 1

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Effective Date: 12/01/2006, Docket: CP06-351-001, Status: Effective

Original Sheet No. 123 Original Sheet No. 123 : Effective






4.12 Marketing Fee. If BLUEWATER and the Releasing Customer

so agree, BLUEWATER may receive a negotiated fee for its marketing



4.13 Limitations.


(a) Releases and assignments hereunder shall be for

period(s) of one or more Day(s) and the maximum term shall not

extend beyond the expiration of this FERC Gas Tariff provision or

beyond the expiration of the Releasing Customer's Storage Service



(b) BLUEWATER may invalidate any offer to release or any

bid subsequent to its posting on the Internet Web Site which does

not conform to the requirements of this Section and the other

provisions of this FERC Gas Tariff and such invalidated offer or bid

shall be deemed null and void.


(c) Any terms and conditions imposed on the offer to

release by the Releasing Customer as provided for in this Section 4

must be objectively stated, reasonable, capable of administration or

implementation by BLUEWATER without any material increase in burden

or expense, applicable to all potential bidders, not unduly

discriminatory, and consistent with the terms and conditions of this

FERC Gas Tariff and Releasing Customer's Storage Service Agreement.


(d) A Releasing Customer may re-release to the same

Replacement Customer, where such first release was not subject to

posting and bidding pursuant to Section 4.4, for a term of 31 Days

or less, only if: 1) a period of 28 Days has elapsed after the first

release for 31 Days or less has expired or 2) the Point(s) of

Receipt and/or Point(s) of Delivery for the re-release is (are)

different from the Point(s) of Receipt and/or Point(s) of Delivery

of the first release or 3) the Releasing Customer causes the posting

of an offer to release capacity or of a pre-arranged transaction to

be made, and capacity is allocated on the basis of bids submitted.


(e) Recall Provisions. If the Releasing Customer retains

recall rights, Releasing Customer's offer to release capacity shall

clearly specify the conditions precedent to such recall and whether

the recall right retained by Releasing Customer is on a full Day or

partial Day basis. The Releasing Customer shall provide capacity

recall notification to BLUEWATER via the Internet Web Site. The

recall notification shall specify the recall notification period for

the specified effective Day, as well as any other information needed

to uniquely identify the capacity being recalled. BLUEWATER shall

support the following recall notification periods for all released

capacity subject to recall rights:


(1)Timely Recall Notification:


(A)A Releasing Customer recalling capacity should

provide notice of such recall to BLUEWATER and the

first Replacement Customer no later than 8:00 A.M.

CCT on the Day that Timely Nominations are due;