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NORTHERN INDIANA PUBLIC SERVICE COMPANY
IURC Gas Service Tariff
Original Volume No. 5
Original Sheet No. 21.7B

RATE 348
RATE FOR GAS SERVICE
GAS LENDING SERVICE (GLS)

No. 2 of 4 Sheets

REQUEST TO INITIATE A TRANSACTION (continued)

available service can accommodate Qualifying Customer's transaction requirements. This information may include, but is not limited to:

  1. The total and daily volume of natural gas Qualifying Customer desires to borrow;

  2. The date Qualifying Customer requests to commence borrowing gas and the dates Qualifying Customer will repay the volume of borrowed gas;

  3. The daily rate at which Qualifying Customer will repay the total borrowed volume of natural gas;

  4. The location where the Qualifying Customer desires the borrowed gas to be delivered:

    1. Company's Citygate, or

    2. Into the supply basins served by one of the five (5) interstate pipelines physically connected to Company's transmission system.

  5. The location Qualifying Customer desires to repay the borrowed gas volumes:

    1. Company's Citygate, or

    2. Into the supply basins served by one of the five (5) interstate pipelines physically connected to Company's transmission system.

Based on the information provided by the Qualifying Customer in the request to initiate a transaction hereunder, the Company will, in its sole discretion, determine whether it can provide the requested transaction consistent with its other contractual commitments and its overall operational requirements. Once the request is executed by the Company, its terms and conditions will be incorporated in the Lending Service Agreement, and service will commence hereunder.

Requests for transactions shall be considered on a first-come, first-served basis. In the event that requests for transactions under Lending Service are received simultaneously and exceed available capacity, the requests yielding the greatest economic benefit to the Company



Issued Date Issued By
Gary L. Neale
Chairman, President and Chief Executive Officer
Effective Date
November 1, 1997Hammond, Indiana November 1, 1997

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