Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 11/01/2000, Docket: RP00-617-000, Status: Suspended

Original Sheet No. 58V Original Sheet No. 58V : Suspended

GENERAL TERMS AND CONDITIONS (Continued)

(1) Texas, Gulf Coast, Offshore, Spot, Delivered to Pipeline;

(2) Texas, Gulf Coast, Onshore, Spot, Delivered to Pipeline;

(3) Louisiana, Gulf Coast, Offshore, Spot, Delivered to Pipeline;

and

(4) Louisiana, Gulf Coast, Onshore, Spot, Delivered to Pipeline.

In calculating the AMIP, the WIPs will be based on the prices

reported in the issue of "Natural Gas Week" dated on or after

Transporter's nomination deadline for first of the month service for

that month, and the subsequent issues dated prior to Transporter's

nomination deadline for the following month's first of the month

service.

(d) Following the Trading Period for offsetting imbalances, Shippers

with remaining imbalances shall pay Transporter or will be

credited with the appropriate cashout amounts.

(e) In the event "Natural Gas Week" ceases to publish entirely or

fails to publish the index prices listed in subsection (c) above,

the following procedures shall apply in determining a month's

AMIP:

(1) Should, in any given week, "Natural Gas Week" fail to

publish one of the two index prices used in determining

that week's WIP, the WIP will be determined using the

remaining published index price.

(2) Should, in any given week, "Natural Gas Week" fail to

publish both of the index prices used in determining that

week's WIP, there will be no WIP for that week used in

determining the month's AMIP.

(f) In the event the foregoing prices are no longer available or valid,

Transporter will file to change the Tariff and may, at its

discretion, select a representative price in the interim period,

subject to adjustment.