Cheniere Creole Trail Pipeline, L.P.

Original Volume No. 1

Effective Date: 04/28/2008, Docket: RP08-137-000, Status: Effective

Original Sheet No. 33 Original Sheet No. 33 : Pending

RATE SCHEDULE PALS

Parking And Lending Service (Continued)

3. RATES AND CHARGES (Continued)

E. Discount Rates - Pursuant to the provisions of Sections 27 (Discounting)

of the General Terms and Conditions, Transporter may from time to time and at

any time at its sole discretion charge any individual Shipper for parking and

lending service under Rate Schedule PALS a Usage Charge which is lower than

such charge based on the maximum rates set forth on Sheet No. 5; provided,

however, that Transporter's discretion to charge any such reduced charge shall

not be exercised on an unduly discriminatory basis and provided further that

such charge may not be less than the minimum rates set forth on Sheet No. 5

for Rate Schedule ITS.

F. Reports - Transporter shall file with the Commission any and all reports

as required by the Commission's Regulations setting forth the applicable

charge, the individual Shippers affected, the quantity transported and any

other information which may be required.

4. NOMINATIONS AND SCHEDULING OF RECEIPTS AND DELIVERY

If Shipper desires to utilize the Parking and Lending Service under this rate

schedule, Shipper shall provide a nomination to Transporter in accordance with

Section 10 of the General Terms and Conditions of this Tariff. Based upon the

nomination of Shipper, Transporter shall schedule receipts into and deliveries

from the Shipper's Parking and Lending Account in accordance with the General

Terms and Conditions of this Tariff. It is the responsibility of Shipper to

adjust its deliveries and receipts to conform to the General Terms and

Conditions of this Tariff.

5. OTHER OPERATING CONDITIONS

A. Transporter may require Shipper to withdraw or repay all, or any

portion, of the gas quantities parked or borrowed from Transporter within

thirty (30) days of Transporter's notice to Shipper. If Shipper fails to

arrange for the withdrawal of parked quantities specified by Transporter in a

Critical Notice, despite the availability of transportation capacity for

withdrawal, Transporter shall take title to that parked quantity of gas that

Shipper was instructed to withdraw, free and clear of any adverse claims. If

Shipper fails to repay Transporter for loaned natural gas, Transporter will

purchase natural gas and bill Shipper for the applicable costs associated with

this purchase. Transporter's notice to Shipper may be verbal and in such case

shall be followed by a written confirmation.