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Gulfstream Natural Gas System, L.L.C.
FERC Gas Tariff
Original Volume No. 1

First Revised Sheet No. 8B
Superseding
Original Sheet No. 8B

                                                          STATEMENT OF NEGOTIATED RATES

                 Contract     Contract        Rate        Reservation         Usage        Receipt       Delivery
      Shipper     Number        Term        Schedule       Rate 1/ 2/       Rate 1/ 2/     Points        Points          Quantity
      -------    --------     --------      --------     --------------     ---------     ---------      ---------       --------
      Seminole Electric Cooperative, Inc 6/
                 9000062      18 yrs.       FTS-6% 4/      $17.299 5/         $0.02            3/         MR 310        32,000 Dth MDQ


 1/  Unless otherwise specified, the Reservation Rate is stated in $/Dth per Month.  The Commodity/Usage Rate is stated in $/Dth delivered.

 2/  In addition to the above referenced rates, Shipper shall pay all applicable charges or surcharges as set forth in Transporter's Tariff.
     Shipper shall also provide a fuel and loss reimbursement as reflected in Transporter's Tariff, as revised from time to time pursuant to
     Section 23.2 of the General Terms and Conditions.

 3/  DIGP 20" Offshore Pipeline, Exxon/Mobil Maryann Plant, Williams Mobile Bay Processing Plant, Mobile Bay Processing Partners Plant, Destin
     Pipeline, Gulf South Pipeline, and any receipt points added in the Mobile Bay, Alabama area.

 4/  This is the Maximum Hourly Flow Rate.

 5/  If Gulfstream (i) enters into any negotiated rate precedent agreement or service agreement for primary firm transportation of natural gas
     on the Gulfstream Project with any third party, with the ultimate end-use being electric generation and having the same length of service or
     shorter as this shipper in the State of Florida, and (ii) provides to such third party rates that are more favorable to such third party
     than to Seminole Electric Cooperative, Inc., Gulfstream will offer such rates to Seminole Electric Cooperative, Inc. by way of an amendment
     to its agreement.

 6/  This negotiated rate agreement is a nonconforming service agreement.

Issued by: P. Martin Teague, Assistant General Counsel
Issued on: January 10, 2003                                                           Effective on: June 1, 2002
Filed to comply with order of the Federal Energy Regulatory Commission, Docket No. RP02-361-001, et al., issued 
December 26, 2002, 01 FERC ¶ 61,368
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