Keyspan LNG, LP (Alng)

Third Revised Volume No. 1

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Effective Date: 01/27/2003, Docket: RP03-241-000, Status: Effective

Original Sheet No. 20 Original Sheet No. 20 : Effective

Joseph A. Vaszily, Vice President

RATE SCHEDULE IST-LG

Storage of Liquefied Gas

(continued)

3. RATES AND CHARGES (continued)

3.2 Monthly Bill. Commencing for the month in which the IST-LG

Service Agreement is effective and for each month thereafter,

KLNG shall charge and Customer shall pay KLNG the sum of the

following amounts:

(a) Space Charge: The applicable space charge multiplied by the

sum of the quantity in Dth of LNG stored under this rate

schedule as measured at the end of each day (excluding

Authorized Overrun Quantities); plus

(b) Displacement Charge: The applicable displacement charge

multiplied by the quantity in Dth of vapor delivered

pursuant to this rate schedule for the month; plus

(c) Receipt Charge: The applicable receipt charge rate

multiplied by the quantity in Dth received pursuant to this

rate schedule for the month (excluding Authorized Overrun

Quantities); plus

(d) Delivery Charge: The applicable delivery charge rate

multiplied by the quantity in Dth delivered pursuant to

this rate schedule for the month (excluding Authorized

Overrun Quantities); plus

(e) Authorized Overrun Charge: The applicable authorized

overrun charge per Dth per day of Authorized Overrun

Quantity stored for Customer during the month under this

rate schedule as measured at the end of each day; plus

(f) Excess Displacement Charge: The applicable excess

displacement charge per Dth of vapor delivered multiplied by

the quantity in Dth in excess of Customer's Contract Storage

Quantity during a contract year.

(g) Reimbursement for Expenses: Expenses that are reimbursable

by Customer pursuant to Section 20 of the General Terms and

Conditions.