Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 10/01/2005, Docket: RP05-647-000, Status: Effective

Fifth Revised Sheet No. 502 Fifth Revised Sheet No. 502 : Effective

Superseding: Fourth Revised Sheet No. 502

 

 

ISS RATE SCHEDULE

(Continued)

 

 

(c) Service shall consist of the receipt of gas by Gulf South at the

point of injection, the storage of gas, and the tender for

redelivery by Gulf South to Customer at the point of withdrawal.

With Gulf South's prior consent, Customer may withdraw a quantity

of gas in excess of Customer's inventory if in Gulf South's sole

judgment such excess withdrawals do not adversely impact Gulf

South's ability to provide service to its firm storage Customers

or would not create a diversion as defined by Section 10.6 of the

General Terms and Conditions of this Tariff.

 

(d) Customer has the right to transfer working gas in storage under

this ISS Rate Schedule up to the amount then in inventory, with

no injection or withdrawal charge, to another Customer's

inventory at the same storage facility provided that such

Customer has an effective FSS-B, FSS-M, ISS, or NNS agreement not

to exceed the other Customer's MSQ. Both contracts affected by

the working gas in storage transfer must be effective during the

production month that the transfer is completed.

 

3. PRIORITY OF SERVICE

 

Priority of service shall be determined in accordance with Sections 7,

10, 11, 12 and 13 of the General Terms and Conditions.

 

4. TERM

 

The ISS agreement shall be for a mutually agreeable term. In the event

that a Customer has gas remaining in storage at the end of its contract

term, the remaining storage balance shall be purchased by Gulf South

at 50% of the Index "Buy" Price as defined in Section 20.1(B), unless

Gulf South and Customer mutually agree otherwise. Money paid or

received when said gas is purchased or sold shall be treated under Gulf

South's Cash-in/Cash-out program. If Gulf South is unable on any day

to schedule the Customer's entire ISS withdrawal nomination, the

Customer's withdrawal period shall be extended by the number of days

Customer's entire ISS nomination was not scheduled.