Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

Effective Date: 05/14/2010, Docket: RP10-601-000, Status: Effective

Fifth Revised Sheet No. 2702 Fifth Revised Sheet No. 2702

Superseding: Substitute Fourth Revised Sheet No. 2702

GENERAL TERMS AND CONDITIONS

Section 20

(Continued)

(b) Imbalance Due Gulf South Trades at Gulf South's

Bistineau Storage Facility - When a

transportation imbalance is traded with a Gulf

South storage Customer which results in

withdrawals from the FSS-B or ISS Customer's

inventory (Bistineau inventory only) and

transportation receipts on the FTS, ITS, FTS-

SSO or FTS-SCO Customer's contract, the FSS-B

or ISS Customer will be charged the usage

withdrawal rate. The FTS, ITS, FTS-SCO, FTS-

SSO, NNS, or NNS-SCO Customer will be charged

fuel retainage on the receipt volumes.

Storage Facilities or at Gulf South's Magnolia

Storage Facility - Following a trade to resolve

any long position using a third party storage

facility (non Gulf South facility) or Gulf

South's Magnolia Storage Facility, a Customer

must transport gas to the third party storage

facility or the Magnolia facility to complete

the trade transaction. A Customer must

transport gas to a non Gulf South storage

facility or to the Magnolia facility using an

ITS agreement to complete this type of trade

transaction and will be charged the average

system rate plus applicable surcharges, as

reflected in ITS Rate Schedule, or such other

agreed upon rate.

(d) Imbalance Due Gulf South Trades at non Gulf

South Storage Facilities or at Gulf South's

Magnolia Storage Facility - Following a trade

to resolve any short position using a third

party storage facility or Gulf South's Magnolia

Storage facility, a Customer must transport gas

to Gulf South's Bistineau storage facility to

complete the trade transactions using an ITS

agreement. Customer will be charged the

minimum tariff rates including fuel.