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FERC relents on key Issues in final posting rule
FERC walked a fine line with its final rule on natural gas flow posting, reducing the number of intrastate pipelines – called major non interstates for the purpose of this rulemaking – who will have to comply while at the same time ditching a former proposal which interstates had opposed. FERC threw a bone to interstates, too.
The final rule increased the minimum delivery threshold defining major non interstate pipelines from 10 to 50 million MMBtu per year. It also canned an earlier proposal to require both major non interstate pipelines and interstate pipelines to post actual flow volume in addition to scheduled flow volume at each receipt and delivery point with a design capacity equal to or greater than 15,000 MMBtu/day.