Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

Effective Date: 06/01/1996, Docket: RP96-224-000, Status: Effective

First Revised Sheet No. 38 First Revised Sheet No. 38 : Superseded

Superseding: Original Sheet No. 38

RATE SCHEDULE EFT (Continued)

ENHANCED FIRM TRANSPORTATION SERVICE

In no event shall Panhandle be obligated to provide any

Transportation or Gathering service for which capacity is not

available or which would require the construction or acquisition of

new facilities or the modification or expansion of existing

facilities.

3. RATES

The rates and charges for service under this Rate Schedule EFT

shall be as follows:

3.1 Transmission Charge

If Shipper designates a Point(s) of Receipt or a Point(s)

of Delivery on the transmission portion of Panhandle's

system, Shipper shall pay a Monthly Transmission Charge

which consists of a reservation component and a commodity

component.

(a) The reservation component of the Transmission Charge

shall be the product of the MDCQ times the applicable

Transmission reservation rates per Dt. as set forth

on the effective Tariff Sheet No. 5. The reservation

component shall be pro-rated for the first and last

contract Months to adjust for the number of Days

during those Months service was available. Shipper

may elect to participate in the Customized

Reservation Patternþ program pursuant to Section 3.10

herein.

(b) The commodity component of the Transmission Charge

shall be the product of the actual Quantity of Gas

delivered during the Month times the applicable

Transmission commodity rates per Dt. as set forth on

the effective Tariff Sheet No. 5.

Delivery are located within the Field Zone, the

applicable rates shall be as set forth on the

effective Tariff Sheet No. 5 for service within the

Field Zone only; if both the Point(s) of Receipt and

Point(s) of Delivery are located within the Market