Phillips Gas Pipeline Company

First Revised Volume No. 1

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Effective Date: / / , Docket: RS92- 47-001, Status: Effective

Original Sheet No. 54 Original Sheet No. 54 : Superseded

17.3 Credit Information: A Shipper who is not receiving

service under any PGPL Service Agreement at the time its

Request for Transportation is made shall provide credit

information as specified below;

(a) Most recent audited financial information,

including the balance sheet and profit and loss

statement for the entity requesting transportation,

and

(b) Supplier references, and

(c) Bank references, or

(d) A Letter of Credit drawn on a bank and in a

format acceptable to PGPL, or

(e) Agreement of Shipper to pay in advance in

immediately available funds, by wire transfer, for

three months of transportation service under the

applicable rate schedule.