Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

Effective Date: 08/06/1996, Docket: RP96-332-000, Status: Effective

Second Revised Sheet No. 332 Second Revised Sheet No. 332 : Effective

Superseding: Original Sheet No. 332

GENERAL TERMS AND CONDITIONS (Continued)

38. FUEL REIMBURSEMENT ADJUSTMENT PROVISION (Continued)

38.6.3.2 Transporter shall compute a monthly carrying

charge rate utilizing the effective annual

FERC-approved interest rate prescribed in

Section 154.501 of the FERC's Regulations.

Such rate shall be expressed to the nearest

one ten-thousandth of 1%.

38.6.4 As specified in Subsection 38.6.1, the portion of all

refunds or revenue credits impacting the cost of

Gathering Company Use and Lost and Unaccounted For gas,

including any out-of-period gas purchase billing

adjustments, along with the related interest paid,

shall be included in the Unrecovered Fuel Reimbursement

Account-Gathering. For purposes of this Fuel

Reimbursement Adjustment Provision, the gathering

portion of any such refunds, revenue credits or out-of-

period adjustments shall be determined by multiplying

those amounts by the ratio of the actual quantities of

Gathering-Company Use and Lost and Unaccounted For gas

during the twelve (12) month period ending the month

prior to receipt of the refund, revenue credit or

adjustment, to the sum of the actual total quantities

of Company Use and Lost and Unaccounted For gas during

the same period.

38.6.5 Transporter shall establish and maintain a gathering

amortizing subaccount of the Unrecovered Fuel

Reimbursement Account-Gathering.

38.6.5.1 The applicable amount of the Unrecovered Fuel

Reimbursement Account-Gathering included in

the Fuel Reimbursement Surcharge Amount-

Gathering calculation pursuant to Subsection

38.5 hereof shall be transferred to the

gathering amortizing subaccount. The

gathering amortizing subaccount shall be

decreased each month by an amount determined

by multiplying the Fuel Reimbursement

Surcharge Amount-Gathering or Fuel

Reimbursement Surcharge Percentage-Gathering,