Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 01/21/2008, Docket: RP08- 41-001, Status: Effective

Original Sheet No. 110B Original Sheet No. 110B : Pending

29.6 Right of First Refusal.

(a) Existing Shippers Right of First Refusal.

Upon expiration of a Long-Term Gas Transportation Contract

for Firm Reserved Service, the Existing Shipper will have a

right of first refusal as prescribed in this Section 29.6. The

Existing Shipper may elect to retain all or a portion of the

capacity to its Right of First Refusal. If the Existing Shipper

elects to retain only a portion of the available capacity,

Transporter has pregranted authority to abandon the remaining

service and Transporter shall have no further obligation to

render that remaining service under the Long-Term Gas

Transportation Contract for Firm Reserved Service pursuant to

Section 7(b) of the Natural Gas Act and Section 284.221(d) of

the Commission’s Regulations. Upon receipt of a Notice of

Election from an Existing Shipper, Transporter will post

information relevant to the notice, as provided in Section

29.6(c) below. To the extent the Existing Shipper either

satisfies the Bid Matching Procedures of Section 29.6(j) or

reaches mutual agreement with Transporter pursuant to

Section 29.6(k), Transporter will continue service to the

Existing Shipper upon execution of a Gas