Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

Effective Date: 05/01/1993, Docket: RS92- 22-009, Status: Effective

Substitute Original Sheet No. 78 Substitute Original Sheet No. 78 : Superseded

RATE SCHEDULE IWS (Continued)

INTERRUPTIBLE WINTER STORAGE SERVICE

Percentage of Stored Volume

to the

Maximum Stored Quantity Available Withdrawal Quantities

100% - 30% 100% of MDWQ

<30% - 10% 75% of MDWQ

<10% - 0% 60% of MDWQ

Daily withdrawal and injection Quantities of Gas shall be subject to

available capacity and IWS Stored Volume attributable to a Shipper.

All services performed under this Rate Schedule shall be performed on

a capacity available basis. Shipper may be required to withdraw all,

or any part, of its Stored Volume under this IWS Rate Schedule within

30 Days following notification from Panhandle. Any Stored Volume not

withdrawn within 30 Days of Panhandle giving Shipper notice shall

become the property of Panhandle at no cost to Panhandle, free and

clear of any adverse claims.

The available Stored Volume shall be increased, up to the

Maximum Stored Quantity, by the Quantity of Gas Shipper transfers

into IWS Storage in accordance with Section 14.2 of the General Terms

and Conditions. The available Stored Volume shall be reduced by the

Quantity of Gas Shipper transfers out of IWS Storage in accordance

with Section 14.2 of the General Terms and Conditions.

In no event shall Panhandle be obligated to provide any Storage

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 Storage service under this Rate

Schedule from Panhandle's Market Area Storage Facilities and Field

Area Storage Facilities shall be as follows:

3.1 Monthly Inventory Charge

Shipper shall pay a Monthly Inventory Charge which shall

be the product of the applicable inventory charge per Dt.

as set forth on the effective Tariff Sheet No. 13 and the

average daily IWS Stored Volume for the Month.