Panther Interstate Pipeline Energy, L.L.C.

Original Volume No. 1

Effective Date: 02/01/2004, Docket: CP03-338-001, Status: Effective

Original Sheet No. 36 Original Sheet No. 36 : Effective

and authorized overruns), according to the rate paid by

Shippers each month, with interruptible service at higher

rates being scheduled ahead of service at lower rates. The

foregoing notwithstanding, if an IT Shipper was flowing gas

under its IT Agreement during the previous month, each

Shipper will be notified prior to the start of the month of

delivery if its current IT nomination cannot be scheduled

due to price, and given an opportunity to offer a price that

will enable its IT nomination to be scheduled.

Interruptible Shippers paying the same rate shall be

scheduled pro rata based on Scheduled Quantities. For the

purpose of this subsection (c), any shipper paying a

Negotiated Rate above the Recourse Rate shall be deemed to

be paying the Recourse Rate.

9.3 Allocation of Limited Capacity

(a) (i) Curtailment: If, on any Day, Transporter determines

that the capacity of its system, or any portion

thereof, including the point(s) at which gas is

tendered for transportation, is insufficient to serve

all Shippers that are scheduled to receive service on

such Day, capacity that requires allocation shall be

allocated in a manner that results in curtailment of

capacity, to zero if necessary, in reverse of the

order listed in Section 9.2 above.

(ii) For the purposes of determining how deliveries are to

be allocated at any receipt point at which gas is

tendered to Transporter for the accounts of two or

more Shippers, unless the affected Shippers agree upon

an alternative allocation methodology, pro rata based

upon confirmed nominations will be used as the default

method.

(iii) The timing for reporting daily operational allocations

after the gas has flowed is within one Business Day

after the end of a Gas Day. If the best available data

for reporting daily operational allocations is the

Scheduled Quantity, that quantity should be used for

the daily operational allocation.

(iv) The time limitation for disputing any allocation is 6

months from the date of the initial month-end

allocation with a 3-month rebuttal period. This