Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-301-000, Status: Effective

First Revised Sheet No. 3602 First Revised Sheet No. 3602

Superseding: Original Sheet No. 3602

 

GENERAL TERMS AND CONDITIONS

Section 29

(Continued)

 

 

i) whether contingent bids will be accepted and,

if so, the period within which the Potential

Customer must eliminate the contingency;

 

j) whether volumetric bids will be accepted and

specifying the method to rank competing

volumetric and reservation charge bids if

applicable. Gulf South shall support

volumetric releases with volumetric commitments

by fully accounting for volumetric and

reservation components, consistent with the

rules and regulations enunciated by the

Commission;

 

k) whether the release is to an Asset Manager and,

if so, the Asset Manager's obligation to

deliver gas to, or purchase gas from, the

Releasing Customer;

 

l) whether the release is to a Retail Access

Marketer; and

 

m) any other information necessary to describe the

capacity release transaction in accordance with

the NAESB Capacity Release Dataset.

 

(2) RESERVED FOR FUTURE USE

 

 

(3) Notice by Gulf South

 

a) Unless a capacity release transaction qualifies

for an exemption from the bidding requirements,

all capacity release transactions are subject

to posting and bidding requirements. Gulf

South shall post offers and bids including

prearranged deals, upon receipt unless the

Releasing Customer requests otherwise. If a

Releasing Customer requests a posting time,

Gulf South shall support such a request insofar

as it comports with the standard timeline set

forth in Section 29.1(C)(1).

 

The terms and conditions of all releases shall

be posted on Gulf South's Internet Web Site as

soon as possible, but not later than the first

nomination after the release transaction

commences including such information for

releases that are exempt from bidding.

 

Gulf South shall not be required to post a

release notice on the Internet Web Site until

the notice complies with Section 29.1(B)(1).

Prior to the Bid Period, the Releasing Customer

may submit to Gulf South a pre-arranged bid for

capacity to be released. The pre-arranged bid

shall then be posted on Gulf South's Internet

Web Site until the expiration of the bid

period. A Potential Customer shall have the

opportunity during the Bid Period to