Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

Effective Date: 10/17/2006, Docket: RP06-177-000, Status: Effective

Original Sheet No. 39G Original Sheet No. 39G : Effective

Transporter's system, Transporter will notify any affected

Shippers receiving service under the HUB Rate Schedule that

they are required to completely eliminate or partially

reduce their existing Loan Balances over the period

specified in the notice. Such notices shall be posted

twenty-four (24) hours in advance of any OFO issued

pursuant to this section or such lesser period of time as

reasonably required by Transporter to protect the integrity

of its system and may be provided by telephone, facsimile

or in writing, as well as on Transporter's website. In

addition to the 24 hour notice, if operationally

practicable, Transporter shall post, giving as much advance

warning as is reasonably possible, information regarding

the operational variables that gave, or in the future give,

rise to issuance of an OFO and Transporter will provide

updates regarding the expected duration of an OFO based on

those operational variables. The notice shall contain the

following provisions:

(a) time and date of issuance;

(b) time that notice is considered to be effective (if

no time is specified, it shall be effective immediately);

notice will be effective until notice of termination);

(d) the Shipper(s) affected by the notice;

(e) the affected shippers individual HUB balance and the

imbalance of the system as a whole;

(f) the quantities of Loaned Balances that are required

to be eliminated or reduced;

(g) a description of the area of Transporter's pipeline

system in which the notice is in effect;

(h) the specific actions required to comply with the

notice including the time frame within which compliance is

required before penalties are incurred;