Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 12/20/1998, Docket: CP96-159-006, Status: Effective

Original Sheet No.291 Original Sheet No.291 : Effective








Section 1.1 - (cont'd)


the General Terms and Conditions of Transporter's FERC

Gas Tariff. If at any time a bid submitted by

Acquiring Shipper is deemed to be the best bid by

Transporter with respect to a given offer to release

firm transportation capacity, Transporter will promptly

finalize the appropriate Addendum to this Agreement, in

the format attached hereto. Upon finalization of such

Addendum, Acquiring Shipper and Transporter agree that

Acquiring Shipper shall be considered for all purposes

as a Shipper with respect to the released service.


1.2 Upon the finalization of an Addendum, subject to

the terms, conditions and limitations hereof and

of Transporter's Rate Schedule FT-1 or Rate

Schedule FT-2, Transporter agrees to provide the

released firm transportation service for Acquiring

Shipper under its Rate Schedule FT-1, Rate

Schedule FT-2, the General Terms and Conditions of

Transporter's FERC Gas Tariff incorporated therein

and this Agreement.


1.3 Acquiring Shipper hereby agrees to promptly

provide any information necessary for Transporter

to reevaluate Acquiring Shipper's credit appraisal

under Section 6.3 of Transporter's Rate Schedules

FT-1 or FT-2 and to advise Transporter of any

material change in the information previously

provided by the Acquiring Shipper to Transporter.


1.4 Subject to the terms and provisions of this

Agreement, Transporter's Rate Schedules FT-1, or

FT-2 and the General Terms and Conditions of

Transporter's FERC Gas Tariff incorporated therein

, Acquiring Shipper agrees to deliver, or cause to

be delivered, to Transporter at the Primary

Receipt Point(s) described in the Addendum and

Exhibit "A" to this Agreement, and Transporter

agrees to accept at such Point(s) for

transportation under this Agreement, a quantity of

gas on any day on a firm basis limited to the

Receipt Point(s) and MDRQ(s) set out on the

Addendum in effect on that day.