Freebird Gas Storage, L.L.C.

First Revised Volume No. 1

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Effective Date: 10/01/2008, Docket: RP08-304-000, Status: Effective

Original Sheet No. 154 Original Sheet No. 154 : Suspended


be amortized over a mutually agreeable period not to extend beyond the primary

contract term of the Service Agreement between Freebird and Shipper. Carrying

charges shall be computed utilizing interest factors acceptable to both

Freebird and Shipper.


25.2 Freebird may waive from time to time, at its discretion, all or a portion

of the facility cost reimbursement requirement set forth in Section 25.1 for

Rate Schedule FSS, ISS, IPS and ILS if the Shipper provides Freebird with

adequate assurances of storage quantities to make construction of the

facilities economical to Freebird. All requests for waiver shall be handled

by Freebird in a manner which is not unduly discriminatory. For purposes of

determining whether a project is economical, Freebird will evaluate projects

on the basis of various economic criteria, which will include the

estimated storage quantities, cost of the facilities, operating and

maintenance as well as administrative and general expenses attributable to the

facilities, the revenue Freebird estimates will be generated as a result of

such construction, and the availability of capital funds on terms and

conditions acceptable to Freebird. In estimating the revenues to be

generated, Freebird will evaluate the existence of capacity limitations

downstream of the facilities, the marketability of the capacity, the

Interruptible versus the Firm nature of the service, and other similar factors

which impact whether the available capacity will actually be utilized.



From time to time, consistent with FERC policy, Freebird may enter into

transportation and/or storage agreements with other interstate or intrastate

pipeline companies ("off-system pipeline"). In the event that Freebird

acquires capacity on an off-system pipeline, Freebird will use such capacity

for operational reasons to transport gas which will not physically or

contractually enter its storage facility and will only render service to

Shippers on the acquired capacity pursuant to Freebird’s FERC Gas Tariff and

subject to Commission-approved rates, as such tariff and rates may change from

time to time. For purposes of transactions entered into subject to this

Section 2, the "shipper must have title" requirement is waived.



27.1 Internet Web Site. Freebird has established and shall operate and make

available to Shippers and other third parties, as set forth below, an Internet

Web Site, and a password-accessible section of the Internet Web Site

(hereinafter referred to as the "PAS System"). The PAS System shall be

interactive and the Internet Web Site and/or PAS System shall contain relevant

informational posting requirements.


27.2 PAS System.

(a) Freebird has established the interactive PAS System on its Internet Web

Site, for use by any PAS System Subscriber. The PAS System will be available

on a nondiscriminatory basis to any entity (hereinafter referred to as a "PAS

System Subscriber") that has (a) executed a valid Service Agreement with

Freebird which is currently effective, (b) been assigned a user identification

and password and (c) agreed to comply with the procedures for access to the

PAS System and the procedures for use of the PAS System. Freebird reserves

the right to provide enhancements to the PAS System at its sole discretion;

provided however, that all such enhancements when fully operational shall be

provided to all PAS System