Viking Gas Transmission Company

First Revised Volume No. 1

Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective

Second Revised Sheet No. 38H Second Revised Sheet No. 38H : Effective

Superseding: First Revised Sheet No. 38H

RATE SCHEDULE PAL

PARK AND LOAN SERVICES

6. RATES AND CHARGES (Continued)

6.3 Negotiated Rates (Continued)

Only those rates, rate components, charges or credits identified by Company and

Buyer in writing as being superseded by a Negotiated Rate shall be in effect

during the period that the Negotiated Rate is effective; all other rates, rate

components, charges, or credits prescribed, required, established or imposed by

this Rate Schedule or Company's Tariff shall remain in effect.

At the end of the period during which the Negotiated Rate is in effect, the

otherwise applicable Maximum Rates or charges shall govern the service provided to

Buyer.

Buyers paying a Negotiated Rate which exceeds the Maximum Rate shall be considered

to be paying the Maximum Rate for purposes of scheduling, curtailment and

interruption, and for calculating the economic value.

7. MONTHLY BILL

The Monthly Bill for deliveries shall be equal to:

(a) Applicable Rates

The applicable rates as determined pursuant to Subsection 6.1 of this Rate

Schedule multiplied by the total quantity of natural gas parked and/or loaned in

accordance with the effective Exhibit A of Buyer's PAL Agreement; and

(b) Other Charges

If applicable, any other charges including Incidental Charges pursuant to

Subsection 6.2 of this Rate Schedule.

8. WAIVER

Company may waive any rights hereunder or any obligations of Buyer hereunder on a basis

which is not unduly discriminatory; provided that no waiver shall operate or be

construed as a waiver of other or further rights or obligations, whether of a like or

different character.

9. GENERAL TERMS AND CONDITIONS

Buyer shall provide Company with such information as is needed to meet the requirements

placed on Company by regulation, rule, and/or order. Furthermore, any terms or

conditions not specified in this Rate Schedule shall be determined consistent with

Company's General Terms and Conditions specified in Volume I of Company's Tariff, which

are incorporated into this Rate Schedule.