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FERC Continues Quest to Improve Market Transparency and Seeks to Adopt New NAESB Standards |
August 20, 2009
On July 16, 2009, the Federal Energy Regulatory Commission ("FERC") issued two Notices of Proposed Rulemaking ("NOPRs") pertaining to the (i) reporting requirements of intrastate pipelines that provide interstate services under Section 311 of the Natural Gas Policy Act ("NGPA") and Hinshaw pipelines that provide interstate services pursuant to section 284.224 of the FERC's regulations; and (ii) adoption of the North American Energy Standards Board ("NAESB") standards for Index-Based Capacity Release and Flexible Delivery and Receipt Points.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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