Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 07/01/2000, Docket: RP00-352-000, Status: Effective

Fourth Revised Sheet No. 36 Fourth Revised Sheet No. 36 : Effective

Superseding: Third Revised Sheet No. 36

GENERAL TERMS AND CONDITIONS

1. APPLICATION

The following General Terms and Conditions apply to all transportation of

natural gas by Transporter under its rate schedules on file with and subject

to the jurisdiction of the Federal Energy Regulatory Commission.

2. DEFINITIONS

The following terms shall have the meaning defined below:

(a) "Acquiring Shipper" - Any Shipper that acquires firm released capacity

from a Releasing Shipper.

(b) "Bidding Period" - That period of time that released firm capacity is

posted on Transporter's Interactive Internet Website during which

Shippers may bid on capacity.

(c) "Bidding Shipper" - Any Shipper that is qualified to bid for capacity

through Transporter's Interactive Internet Website.

(d) "British Thermal Unit" (Btu) - The amount of heat required to raise the

temperature of one (1) pound of water 10ø Fahrenheit at 60ø Fahrenheit at

a constant pressure of 14.73 psia.

(e) "Business Day" - Monday through Friday, excluding Federal Banking

holidays for transactions in the U.S., and similar holidays for

transactions occurring in Canada and Mexico.

(f) "Dekatherm" (dt) - The quantity of heat energy which is 1,000,000 British

Thermal Units.

(g) "Equivalent Quantity" - The quantity of gas measured in Mcf received by

Transporter at the Point of Receipt during any given period of time,

adjusted for any variations in Btu Content, it being the intent of the

parties that the volumes of gas redelivered hereunder be the thermal

equivalent of the volumes of gas received at the Point(s) of Receipt for

delivery at the Point(s) of Delivery.

(h) "Gas Day" - Standard time for the gas day should be 9 a.m. to 9 a.m.

(central clock time).