Gulf South Pipeline Company L P

Sixth Revised Volume No. 1

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

Fourth Revised Sheet No. 4010 Fourth Revised Sheet No. 4010

Superseding: Third Revised Sheet No. 4010

 

GENERAL TERMS AND CONDITIONS

Section 34

 

 

34. SALE OF EXCESS STORAGE INVENTORY

 

Gulf South may from time to time sell gas to dispose of excess storage

inventory either unnecessary for system operations or accumulated

through the Imbalance Resolution Procedures under Section 20 of these

General Terms and Conditions. Gulf South will not sell gas in a

Customer's FSS-B, FSS-M, ISS or NNS storage accounts. The point of

sale shall be at Gulf South's storage facilities. Buyer must arrange

for the necessary storage and transportation agreements from the point

of sale. The gas will be sold via Gulf South's Internet Web Site on a

first-come, first-served basis at posted prices or pursuant to an open

season. The amount realized from the sale of gas accumulated through

the Imbalance Resolution Procedures shall be credited in accordance

with Section 20.1 (E) of these General Terms and Conditions.