Iroquois Gas Transmission System, L.P. is pleased to announce an Open Season under Section 3 of its Rate Schedule RTS commencing at 2:00pm ET on Friday, June 11, 2010 and concluding at 2:00pm ET on Friday, June 18, 2010.  The terms and conditions under which this capacity is being offered are discussed below.

Service Package #1

Service Package #2

Service Package #3

All bids submitted during the open season must indicate the Open Season Notice ID number in which they are participating. 

All bids submitted during the open season may be withdrawn and/or replaced with a higher PV bid during the open season period.

Bids cannot be replaced with lower PV bids. 

Iroquois reserves the right to reject negotiated rate bids.

Iroquois reserves the right to reject bids with deviations in monthly MDQs or bids that do not include all three Service Packages. 

Iroquois reserves the right to reject contingent bids.

Iroquois reserves the right to agree to discounted rates on a point and volume specific basis.

Upon completion of this open season, all remaining bids will be considered binding until a successful bid(s) has been awarded.

The demand and commodity rates specified above for the Service Packages described herein represent the minimum acceptable demand and commodity rate that Iroquois is willing to accept for the capacity and the terms underlying the respective Service Packages.

Shippers may not bid a term of service greater than or less than the term specified above.

Capacity will be awarded based on the highest total value bid for the Service Packages.   

This capacity is subject to an existing shipper’s pre-arranged deal.

Parties interested in this capacity should submit a binding Open Season Bid Form, which can be found at our website at http://www.iroquois.com/, to Gina Ferreri via facsimile at (203) 925-7296.  For further information, please contact Maria Nemchek at (203) 944-7004.