Columbia Gulf Transmission Company

Second Revised Volume No. 1

Effective Date: 11/01/2000, Docket: RP00-605-000, Status: Effective

First Revised Sheet No. 214 First Revised Sheet No. 214 : Effective

Superseding: Original Sheet No. 214

GENERAL TERMS AND CONDITIONS (Cont'd)

(6) Transporter is not required to post zero imbalances.

(7) Netting, posting, and trading of imbalances shall be accomplished based upon

Transporter’s current method for accounting for imbalances and Transporter is not required to

institute daily imbalance procedures.

(8) Transporter shall enable the imbalance trading process by: receiving the Request

for Imbalance Trade, receiving the Imbalance Trade Confirmation, sending the Imbalance Trade

Notification, and reflecting the trade prior to or on the next monthly Shipper Imbalance.

(9) When trading imbalances, Shippers shall specify a quantity.

(10) Imbalance trades can only be withdrawn by the initiating trader and only prior to

the confirming trader’s confirmation of the trade. Imbalance trades are considered final when

confirmed by the confirming trader and effectuated by Transporter.

(11) After receipt of an Imbalance Trade Confirmation, Transporter shall send the

Imbalance Trade Notification to the initiating trader and the confirming trader no later than

twelve (12) noon (C.T.) the next business day.

(12) To account for any imbalances after imbalance trading, where Transporter

associates such imbalance with a service agreement, Shipper and Transporter shall agree to

designate one of Shipper’s valid service agreements in the Operational Impact Area where the

original imbalance occurred, for such purpose.