Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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Effective Date: 06/09/2006, Docket: RP06-355-001, Status: Effective

Substitute Third Revised Sheet No. 3705 Substitute Third Revised Sheet No. 3705 : Effective

Superseding: Substitute Second Revised Sheet No. 3705

GENERAL TERMS AND CONDITIONS

Section 30

(Continued)

 

 

30.3 Right of First Refusal for Firm Storage Service

 

For the purpose of this Section 30.3, both FSS-B and FSS-M will

be referred to collectively as "FSS".

 

(a) Applicability: A Customer with an FSS service agreement

that has been negotiated to include a contractual ROFR may

elect to retain all or a portion of its capacity, subject

to the ROFR process as follows:

 

(b) For FSS service agreements with a ROFR, Gulf South shall

provide advance written notice to the Customer at least 90

days prior to the expiration of the existing service

agreement, unless agreed to otherwise; provided however,

that unless Gulf South and Customer otherwise mutually

agree such notice shall not be given earlier than (i) six

(6) months prior to expiration of a service agreement with

a term shorter than two (2) years or (ii) one (1) year

prior to expiration of a service agreement with a term of

two (2) years or greater.

 

(i) Within five (5) business days following the Customer

notice provided in (b) above, Gulf South will post on

its Internet Web Site its intention to initiate an

interactive auction for expiring firm storage

capacity. Gulf South will also post on its Internet

Web Site the following information:

 

(a) the specific quantity upon which the original

Customer has a ROFR;

 

(b) the expiration date of the current service

subject to the ROFR and the date of

availability for the posted service.