Bluewater Gas Storage, LLC

Original Volume No. 1

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Effective Date: 04/01/2008, Docket: RP08-249-000, Status: Effective

First Revised Sheet No. 230 First Revised Sheet No. 230 : Pending

Superseding: Original Sheet No. 230

INTERRUPTIBLE HOURLY BALANCING SERVICE AGREEMENT

(Continued)

 

(For Use Under Rate Schedule IHBS)

 

ARTICLE II - POINTS OF RECEIPT AND DELIVERY

 

The point(s) at which the Gas is to be tendered by Customer to

BLUEWATER under this Agreement on any Day for injection to storage

shall be any of the Point(s) of Receipt as posted on BLUEWATER's

Internet Web Site.

 

 

The point(s) at which the Gas is to be tendered by BLUEWATER to

Customer under this Agreement an any Day for withdrawal from

storage shall be any of the Point(s) of Delivery as posted on

BLUEWATER's Internet Web Site.

 

The point(s) at which the hourly balancing quantities of Gas are

to be tendered by Customer to BLUEWATER under this Agreement shall

be any of the Point(s) of Receipt as posted on BLUEWATER's

Internet Web Site.

 

The point(s) at which the hourly balancing quantities of Gas are

to be tendered by BLUEWATER to Customer under this Agreement shall

be any of the Point(s) of Delivery as posted on BLUEWATER's

Internet Web Site.

 

ARTICLE III - PRICE

 

3.1. Customer agrees to pay BLUEWATER the charges as set

forth on Exhibit "A" hereto for all Gas storage service furnished

to Customer hereunder.

 

3.2. Customer further agrees to pay BLUEWATER all other

applicable fees and charges as set forth in the General Terms and

Conditions and in Rate Schedule IHBS.

 

3.3. Customer shall reimburse BLUEWATER for all applicable

taxes as may be assessed against BLUEWATER for the receipt,

injection, storage, withdrawal and/or delivery of Customer's Gas.

In addition, Customer shall reimburse BLUEWATER for Customer's pro

rata portion, calculated using the same methodology as that used

to assess the tax, of all ad valorem taxes, property taxes and/or

other similar taxes on Customer's gas in storage assessed against

and paid by BLUEWATER.