El Paso Natural Gas Company

Second Revised Volume No. 1A

Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

Second Revised Sheet No. 148 Second Revised Sheet No. 148

Superseding: First Revised Sheet No. 148

RATE SCHEDULE PAL

Interruptible Parking and Lending Service

1. AVAILABILITY

This Rate Schedule is available to any Shipper for the short-term

parking and lending of Natural Gas on an interruptible, non-

discriminatory basis, by Transporter when and to the extent that:

1.1 Transporter has determined, using its reasonable discretion, that

capacity is available on its existing facilities and that it has

the operational flexibility to provide interruptible Parking and

Lending service without detriment or disadvantage to its customers

using other transportation services;

1.2 Shipper has entered into a Master Parking and Lending ("PAL")

Agreement with Transporter using the form contained in this

Tariff;

1.3 Shipper has met the creditworthiness requirements of this Tariff;

and

1.4 Shipper has entered into a PAL Service Agreement ("PALSA") (an

attachment to the Master PAL Agreement) with Transporter in the

form contained in this Tariff, for each PAL transaction between

Shipper and Transporter specifying the term, rate, quantity and

point(s) of transaction for service.

2. APPLICABILITY AND CHARACTER OF SERVICE

This Rate Schedule shall apply to all PAL services rendered by

Transporter for Shipper.

2.1 All PAL locations eligible for PAL service ("PAL Points") shall be

located within the Production Area or within California pools and

will be made available to Shipper on a non-discriminatory basis.

Currently effective PAL Points shall be listed on Transporter's

EBB.