Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective

Fourth Revised Sheet No. 30 Fourth Revised Sheet No. 30

Superseding: Third Revised Sheet No. 30

 

RATE SCHEDULE IS-1

STORAGE SERVICE - INTERRUPTIBLE

(Continued)

 

6. Request for interruptible Storage Service. To qualify for service pursuant

to this Rate Schedule, a potential Shipper shall make a Request for

service pursuant to the provisions set forth in Section 4 of the General

Terms and Conditions.

 

7. TRANSFER OF GAS IN PLACE

 

7.1 A Shipper ("Transferor") may sell storage Gas in Place to

Transporter, or to another Party ("Transferee"), pursuant to this

Rate Schedule provided:

 

(a) Transferor has all necessary authority to sell the Gas;

 

(b) On the date the proposed sale becomes effective, Transferee

will have a currently effective interruptible storage Agreement

with Transporter which has sufficient capacity to accommodate

the quantity being acquired from Transferor and which contains

the same terms and conditions, including rate terms and

conditions, as Transferor's Agreement, unless otherwise agreed

to by Transporter. However, Transferee may agree to a higher

rate or rates than the rate or rates contained in Transferor's

Agreement not to exceed the maximum rate under this rate

schedule;

 

(c) Charges for Storage Services related to Gas transferred in

place shall be the responsibility of Transferor before the date

of transfer and of Transferee upon, and subsequent to, the date

of transfer; and

 

(d) Transferor may not transfer all or a part of its Gas in Place

more than once each Month unless otherwise agreed by

Transporter.

 

7.2 At least five Business Days prior to the date the proposed sale is

to become effective, Transferor and Transferee shall notify

Transporter in writing of the proposed sale. Such notification shall

be in writing, shall be signed by Transferor and Transferee, and

shall state:

 

(a) The effective date of the proposed sale;

(b) The quantity of Gas in Place to be sold; and

(c) Verification that the requirements of Section 7.1 have been

met.