Petal Gas Storage Company

Original Volume No. 1

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Effective Date: 06/01/1998, Docket: RP97-280-002, Status: Effective

Sub First Revised Sheet No. 11 Sub First Revised Sheet No. 11 : Effective

Superseding: First Revised Sheet No. 11

FSS RATE SCHEDULE

FIRM STORAGE SERVICE

(continued)

4.8 Offers to Purchase Released Capacity. An offer to purchase

released capacity from an FSS Customer may be tendered by any

person who (i) meets the creditworthiness criteria set forth in

Section 3 of the General Terms and Conditions of this Tariff; (ii)

accepts responsibility for arranging firm or interruptible

transportation on a connecting pipeline; and (iii) is otherwise

eligible to become a Replacement Customer. The offer to purchase

may be submitted in writing or via petal's EBB, setting forth the

following information:

(a) The identity of the person making the offer, together with

sufficient information about such person to enable Petal to

determine whether such person meets the creditworthiness

criteria.

(b) The volume(s) of capacity such person desires to purchase.

(c) The MDIQs, TMDIQ, MDWQs and TMDWQ such person desires.

(d) The rate(s) such person is offering to pay.

(e) The duration of the service to which the offer pertains, and

whether such capacity is sought on a firm or recallable

basis.

(f) The conditions, if any, upon which the seller of the

capacity may recall it.

(g) Any other terms and conditions upon which the offer is

contingent.

(h) Such other pertinent information as Petal may request.