PINE NEEDLE TARIFF SECTION 18.5 CP96-52-003

PINE NEEDLE TARIFF SECTION 19.5 CP96-52-003

PINE NEEDLE LNG COMPANY FERC DOCKET NO. RP20-780

THE EXCESS ACCUMULATED DEFERRED INCOME TAX CREATED FROM THE PHASE OUT OF THE NORTH CAROLINA CORPORATE INCOME TAX RATE FROM 2.5% TO 0% UNDER THE APPROPRIATIONS ACT OF 2021.

Schedule Page: 520

Line No.: 12

Column: c & d

OTHER GAS WITHDRAWN FROM STORAGE RELATES TO STORAGE FLEX

Schedule Page: 520

Line No.: 16

Column: c & d

FOOTNOTE TO INSTRUCTION 5:

PINE NEEDLE LNG COMPANY DOES NOT BUNDLE SALES AND TRANSPORTATION SERVICES

FOOTNOTE TO INSTRUCTION 7:

ALL QUANTITIES OF GAS WERE SUBJECT TO COMMISSION REGULATION

FOOTNOTE TO INSTRUCTION 10:

THERE ARE NO VOLUMES OF PIPELINE PRODUCTION FIELD SALES INCLUDED IN THE TOTAL SALES OR THE TOTAL TRANSPORTATION VOLUMES

Schedule Page: 520

Line No.: 27

Column: c & d

OTHER GAS DELIVERED TO STORAGE RELATES TO STORAGE FLEX

BASIS FOR VALUATION OF ALL GAS

GAS IS VALUED AT THE PINE NEEDLE SPOT PRICE WHICH IS THE "SOUTHEAST DELIVERED TO PIPELINE" PRICE AS PUBLISHED IN THE NATURAL GAS WEEK.