Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 02/01/2002, Docket: RP00-395-003, Status: Effective

First Revised Sheet No. 102A First Revised Sheet No. 102A : Superseded

Superseding: Original Sheet No. 102A

RATE SCHEDULE GPS(Continued)

GAS PARKING SERVICE

Panhandle shall accept Shipper's request to schedule a negative

parked Quantity when:

(a) The nomination does not interfere with Panhandle's ability

to provide services under all other Rate Schedules;

(b) Shipper's Transportation Service Agreement has sufficient

available capacity to receive or deliver Gas at the

Parking point;

(c) Line pack is sufficient to satisfy the Shipper's request;

(d) The nomination of such excess Quantity of Gas would have

no adverse effect on system operations; and

(e) The nomination does not result in an imbalance due

Panhandle on Shipper's Transportation Service Agreement.

A Pooling Shipper may elect to have Panhandle utilize the

Pooling Shipper's Gas Parking account to balance nominated receipts

and deliveries under Shipper's associated Pooling Transportation

Agreement at a Pool Point on a daily basis. Pooling Shipper shall

make such election and specify the Pooling Transportation Agreement

and Pool Point at the time the Parking Service Agreement is executed.