National Fuel Gas Supply Corporation

Fourth Revised Volume No. 1

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Effective Date: 04/01/2007, Docket: RP06-393-004, Status: Effective

Second Revised Sheet No. 476 Second Revised Sheet No. 476 : Effective

Superseding: First Revised Sheet No. 476

GENERAL TERMS AND CONDITIONS

32. TRANSFERS OF STORAGE BALANCE (Cont'd)

(b) the Storage Balance of Transferring Shipper is less than

the quantities proposed to be transferred;

(c) the nominated transfer would not be a transfer to

Transporter or to an entity which qualifies to be a

Receiving Shipper as described in Section 32.1;

(d) the nominated transfer would increase Transporter's

obligation to deliver gas in any capacity-constrained

portion of Transporter's system;

(e) effecting the nominated transfer would require

Transporter, for operational reasons, to inject gas into

any storage field at the same time it is withdrawing gas

from other storage field(s);

(f) the nominated transfer would in any way threaten the

integrity of Transporter's system;

(g) the nominated transfer would impair Transporter's current

or future operations, or curtail current or future

service to any firm Shipper at a Primary Point; or

(h) the nominated transfer would require Transporter to issue

an operational flow order to any other Shipper.

32.4 Except as set forth in Section 3.7 of the ISS Rate Schedule, no

injection charge, withdrawal charge, surcharge, surface operating

allowance or Storage LAUF retention shall apply to a transfer of

Storage Balance under this Section 32; provided, however, that any

charge specifically provided for in a Rate Schedule for a transfer

of Storage Balance shall be applicable. No transfer under this

Section 32 shall affect Transferring Shipper's obligation to have

paid charges applicable to physical injection of such Storage

Balance, or Receiving Shipper's obligation to pay applicable

charges upon the eventual withdrawal and transportation of such

transferred Storage Balance.