Northwest Pipeline Corporation G P

Fourth Revised Volume No. 1

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Effective Date: 11/01/2009, Docket: RP09-1056-000, Status: Effective

First Revised Sheet No. 126 First Revised Sheet No. 126

Superseding: Original Sheet No. 126

RATE SCHEDULE PAL

Park and Loan Service (Continued)

2. APPLICABILITY AND CHARACTER OF SERVICE (Continued)

(b) Transporter's subsequent delivery of the Parked Quantity of

gas to Shipper at the Park Point designated in the executed

Service Agreement.

2.4 Loan service under this Rate Schedule consists of:

(a) Transporter's delivery of gas (Loaned Quantity) for Shipper's

account at the logical point (Loan Point) designated in the

executed Service Agreement, either at the Clay Basin Loan Point

adjacent to Transporter's physical Clay Basin Receipt/Delivery

Point, or at the Jackson Prairie Loan Point adjacent to

Transporter's physical Jackson Prairie Receipt/Delivery Point, up

to the Maximum Loan Quantity specified in the executed Service

Agreement; and

(b) Transporter's subsequent receipt of the Loaned Quantity from

Shipper at the Loan Point designated in the executed Service

Agreement.

2.5 Transportation of gas for or on behalf of Shipper to or from the

Park Point or Loan Point will not be performed under this Rate Schedule.

Shipper is obligated to make arrangements with Transporter or other

parties for the related transportation services to and from the Park

Point or Loan Point. Transporter's receipts or deliveries of gas for

Shipper's account at the Park Point or Loan Point under this Rate

Schedule will be scheduled only for quantities that are matched by

Scheduled Quantities for the related transportation services to or from

the Park Point or Loan Point or for quantities that are matched by a

confirmed in-ground transfer between Transporter's storage account and

Shipper's storage account in the storage field adjacent to the Park

Point or Loan Point.