Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 09/29/2003, Docket: RP96-320-061, Status: Effective

Fifth Revised Sheet No. 604 Fifth Revised Sheet No. 604 : Effective

Superseding: Fourth Revised Sheet No. 604

 

PAL RATE SCHEDULE

(Continued)

 

(b) Under this PAL Rate Schedule, Gulf South shall only be obligated

to park gas or advance gas for receipts or deliveries to the

extent Gulf South solely determines that such actions are not

detrimental to Gulf South's ability to satisfy any of its firm

obligations under firm rate schedules or meet system operational

needs. Gulf South may, at its sole discretion, interrupt or

curtail the continuation of any or all of the services hereunder.

Gulf South makes no representation, assurance or warranty that

capacity will be available on Gulf South's system at any time.

 

(c) Service shall be provided on an interruptible basis.

Interruption of service includes, without limitation, decreasing,

suspending, or discontinuing the receipt and/or delivery of gas

in accordance with Section 10, Section 11 and Section 13 of the

General Terms and Conditions.

 

(d) Parking and Lending Services available under this Rate Schedule

include:

 

(i) Parking Service: shall consist of the receipt of gas by

Gulf South, the holding of the parked quantity for

Shipper's account at the point(s) specified in Shipper's

nomination, and Gulf South's redelivery of Equivalent

Quantities to Shipper at the original parking points(s).

For discounted PAL Service, Gulf South and Customer may

specifically provide in the service agreement the precise

parking and payback rights that apply to a given PAL

transaction at the discounted rate. Gulf South shall post

the specific payback and parking terms either as part of

the initial auction under Section 33, or as a transactional

posting at the time a non-auctioned PAL transaction is

nominated.

 

(ii) Lending Service: shall consist of Gulf South's advancement

of the quantity of natural gas nominated by Shipper at the

point(s) specified in Shipper's nomination and the

Shipper's redelivery of Equivalent Quantities and Gulf

South's acceptance of such volumes for Shipper's account at

the original lending point(s). For discounted PAL Service,

Gulf South and Customer may specifically provide in the

service agreement the precise parking and payback rights

that apply to a given PAL transaction at the discounted

rate. Gulf South shall post the specific payback and

parking terms either as part of the initial auction under

Section 33, or as a transactional posting at the time a

non-auctioned PAL transaction is nominated.