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TWP Pipeline LLC
FERC GAS TARIFF
SECOND REVISED VOLUME NO. 1

SECTION 7.22
CAPACITY RELEASE
VERSION 3.0.0

GENERAL TERMS AND CONDITIONS

    
    7.22.  CAPACITY RELEASE
    
        7.22.1. Capacity Eligible for Release – Shippers under Rate Schedule 
                FT shall be permitted to release their capacity on a temporary 
                or permanent basis, in accordance with this section.  Capacity 
                eligible to be released hereunder shall be limited to the firm 
                capacity reserved by the Releasing Shipper, as defined by the 
                Primary Receipt Point(s) and the Primary Delivery Point(s) 
                contained in the Shipper's FT Agreement.  Releases may be made 
                on an interruptible (i.e., subject to recall) or firm basis and 
                may be billed by Transporter based on usage.
    
        7.22.2. Shipper Release Notice – A Shipper that desires to release any 
                or all of its firm capacity under this section must notify 
                Transporter electronically on the Website of its intent to 
                release capacity and the terms of the release (hereafter 
                referred to as "Shipper Notice").  A Shipper Notice shall be 
                posted on the Website upon receipt by Transporter or such 
                other time which must comply with the timeline set forth in 
                this section, as requested by Releasing Shipper.  This 
                Shipper Notice shall include:
    
                1. Releasing Shipper's name and contract number;
    
                2. The specific quantity of capacity to be released;
    
                3. If the request for release is on a permanent basis;
    
                4. The Receipt Point(s) and Delivery Point(s) at which 
                   Releasing Shipper will release capacity and the 
                   quantity of capacity to be released at each point;
    
                5. The term of the release;
    
                6. Whether Releasing Shipper is willing to release an amount 
                   less than requested and for a shorter time period than 
                   requested;
    
                7. Whether Releasing Shipper conditions the release to not 
                   allow the Replacement Shipper to effect a change in the 
                   Primary Receipt and/or Delivery Point(s) listed on Exhibit 
                   A to the Releasing Shipper's FT Agreement;

                8. The conditions of Releasing Shipper's right of recall as 
                   well as methods and rights associated with returning the 
                   previously recalled capacity to the Replacement Shipper, 
                   if applicable;
    
                9. Whether contingent bids will be accepted and when the 
                   contingency must be removed;

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