Dominion Cove Point LNG, LP

Original Volume No. 1

Effective Date: 08/30/2004, Docket: RP04-428-003, Status: Effective

Second Sub. Original Sheet No. 250A Second Sub. Original Sheet No. 250A : Effective

GENERAL TERMS AND CONDITIONS

(Continued)

11. LNG INVENTORY TRANSFERS AMONG BUYERS

(a) Transfers. Upon receiving the approval of Operator, a Buyer may transfer LNG

inventory under its Rate Schedule LTD-1, LTD-2, FPS-1, FPS-2 or FPS-3 to a different

Buyer's account under Operator's Rate Schedule LTD-1, LTD-2, FPS-1, FPS-2 or FPS-3, if

such other Buyer agrees in writing to the transfer.

(b) Requests to Transfer. Operator will, upon a Buyer's request, post an announcement of

Buyer's desire to transfer inventory, but Buyer shall remain responsible for making

all arrangements affecting the proposed transfer. To request an inventory transfer,

the Transferor and Transferee Buyers shall send a completed Inventory Transfer Form

(in the form included under Miscellaneous Forms in this Tariff) via fax, mail, e-mail

or EBB to Operator. Transfers shall be irrevocable once requested, and, if approved,

effective immediately upon Operator's notice of acceptance. Retroactive transfers

shall not be permitted.

and executed Inventory Transfer Form, Operator shall notify the Buyers listed on that

completed and executed Inventory Transfer Form of Operator's acceptance or rejection

pursuant to Section 11(d) below of the proposed transfer. Operator shall make

reasonable efforts to process any transfer request in less than two Business Days

where circumstances permit. Operator will respond to "fast track" requests received

by 9 a.m. CCT on a Business Day by no later than 9 a.m. CCT on the following Business

Day. The following categories will be considered as "fast track" requests:

(i) transfers between accounts under identical Rate Schedules;

(ii) transfers between accounts under different Rate Schedules requested during

Operator's Injection Season; and

(iii) all transfers for quantities of 10,000 dth or less (with that limit applicable

to each account each Business Day).

(d) Rejection by Operator. Operator may reject any proposed transfer under this Section

11 if it determines that such transfer cannot be accommodated:

(i) without diminishing Operator's ability to provide firm service to any Buyer;

(ii) without increasing Operator's firm service obligations;

(iii) because the LNG sought to be transferred is not available in Buyer's account;

(iv) because of an imbalance status of the transferor's and transferee's accounts, as

reflected in Operator's records; or

(v) because the requested transfer is retroactive.

(e) Inventory transfers remain subject to all applicable tariff limitations (including

limits on FPS injection, storage and withdrawal rights) and applicable Commission

policies (including the "shipper must have title" rule).