Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

Effective Date: 12/03/2007, Docket: RP08- 50-001, Status: Effective

Substitute Original Sheet No. 1422 Substitute Original Sheet No. 1422 : Effective

GENERAL TERMS AND CONDITIONS

Section 7

(Continued)

7.11 Turned-back No-Notice Capacity

Any NNS capacity, including NNS capacity made available pursuant

to the MDQ Reduction Provisions outlined in Section 6 of the NNS

Rate Schedule, not awarded after being posted for bid pursuant to

Sections 7.4 or, 30.2, ("Turned-back Capacity") shall be subject

to the following procedures:

(a) Gulf South shall post the storage component of the Turned-

back Capacity as available capacity under Rate Schedule

FSS-B.

(i) The quantity of FSS-B storage capacity available shall

be calculated based upon the following:

Step 1: Winter NNS MSQ / 10) = NNS MDQ

Step 2: NNS MDQ / 2 = NNS MDWQ

Step 3: NNS MDWQ / 0.0143 = FTS MSQ

The storage capacity shall be auctioned pursuant to Section

7.10.

(b) Upon the submission of the first binding bid for the storage

capacity pursuant to the auction procedures outlined in this

Section 7.10, the associated FTS transportation capacity

will be made generally available for sale pursuant to

Section 7.4.

data in its Annual Peak Day Report to reflect Turned-back

NNS capacity. Such report shall include the volume of

working gas capacity allocated to FSS, ISS, and NNS as of

December 31st of the previous year.