Pine Needle LNG Company, LLC

Original Volume No. 1

Effective Date: 01/01/2003, Docket: RP01-243-000, Status: Effective

First Revised Sheet No. 18 First Revised Sheet No. 18 : Effective

Superseding: Original Sheet No. 18

RATE SCHEDULE LNG-2

Natural Gas Liquefaction and Terminal Delivery

(Guilford County, North Carolina)

1. AVAILABILITY

This rate schedule is available for the purchase from Pine Needle LNG Company, LLC

(hereinafter referred to as "Pine Needle") of natural gas liquefaction and terminal delivery

service to any person, company or agency (hereinafter referred to as 'Customer") for

unanticipated contingency purposes, when Customer has executed a service agreement with Pine

Needle for service under this rate schedule.

2. APPLICABILITY AND CHARACTER OF SERVICE

2.1 This rate schedule shall apply to delivery of liquefied natural gas to Customer into a

properly qualified transporting vehicle and concurrent redelivery of gas by Customer

to Pine Needle pursuant to Part 284 of the Commission's regulations and the executed

agreement for service hereunder.

2.2 Delivery of LNG shall be at the loading platform at Pine Needle's liquefied natural

gas facilities located in Guilford County, North Carolina.

2.3 Deliveries hereunder shall be made on an interruptible basis at Pine Needle's sole

discretion based upon Pine Needle's determination of quantities available in excess of

those required to render firm service pursuant to Pine Needle's Rate Schedule LNG-1.

3. RATES AND FUEL

3.1 Customer shall pay the charge set forth on the currently effective Sheet No. 4 of this

Tariff for each dekatherm delivered hereunder.

3.2 Pine Needle shall retain from Customer's quantities delivered to Pine Needle a

percentage of such gas as compensation for fuel and gas otherwise used or lost and

unaccounted for in Pine Needle's operations.

3.3 Customer shall also pay the Annual Charge Adjustment (ACA) surcharge as set forth on

currently effective Sheet No. 4 of this Tariff and any other charges applicable to

service hereunder.