Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

Effective Date: 12/23/2004, Docket: RP05- 88-000, Status: Effective

First Revised Sheet No. 33A First Revised Sheet No. 33A : Effective

Superseding: Original Sheet No. 33A

3. ACCOUNT BALANCES; TRANSPORTATION; ASSIGNMENTS

3.1 Transporter shall establish an account for each

Shipper using this service which reflects the Parked Balance at

each Parking Point and the Loan Balance at each Loan Point.

Whenever Transporter receives Parked Quantities from, or

delivers Loaned Quantities to, a Shipper the quantities received

or delivered will be reflected in the Shipper's Parked Balance

or Loan Balance, as appropriate, for the Park or Loan Point at

which they were received or delivered. When Parked or Loaned

Quantities are redelivered, Transporter will credit the

Shipper's account to reflect the new balance.

3.2 Transporter shall redeliver Parked Quantities and

accept redelivery of Loaned Quantities only at the Parking

Point, where Shipper parked the Parked Quantity, or the Loan

Point, where Transporter advanced the Loaned Quantity to Shipper.

3.3 In the event that Shipper wishes to move Parked

Quantities or Loaned Quantities from one Parking or Loan Point

to another Parking or Loan Point on Transporters system, Shipper

shall be responsible for arranging such transportation in

accordance with the provisions of Rate Schedule RTS or ITS and

the General Terms and Conditions of Transporter's Tariff.

3.4 Parked Quantities and Loaned Quantities may be

assigned from one Shipper to another in accordance with the

provisions of the Park and Loan Service Contract, provided that

(i) the Shipper obtaining such quantities satisfies all the

requirements of this Rate Schedule and the General Terms and

Conditions of the Tariff, and (ii) each Shipper submits the

appropriate nominations to Transporter in accordance with the

provisions of Section 4. All applicable charges will be assessed

for such transactions.