Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

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Effective Date: 08/01/1997, Docket: RP97-410-001, Status: Effective

First Revised Sheet No. 292A First Revised Sheet No. 292A : Effective

Superseding: Original Sheet No. 292A

GENERAL TERMS AND CONDITIONS (Continued)

24. PIPELINE SERVICE OBLIGATIONS (Continued)

value to Transporter utilizing a net present value per

unit of demand calculation. Nothing herein shall

require Transporter to accept a bid which would involve

a discounted rate for the acquired service. The net

present value calculation, as detailed in Subsection

10.4 of these General Terms and Conditions, will be

considered along with an analysis of operational

considerations, as detailed in Subsection 10.1 of these

General Terms and Conditions, to determine the best

offer.

(The rest of this sheet has been intentionally left blank.)