§ 161.2 - Definitions.  


Latest version.
  • (a) Affiliate, when used in reference to any person in this part and § 250.16 of this chapter means another person which controls, is controlled by, or is under common control with, such person.

    (b) Control (including the terms “controlling,” “controlled by,” and “under common control with”) as used in this part and § 250.16 of this chapter, includes, but is not limited to, the possession, directly or indirectly and whether acting alone or in conjunction with others, of the authority to direct or cause the direction of the management or policies of a company. A voting interest of 10 percent or more creates a rebuttable presumption of control.

    (c) Marketing or brokering as used in this part and § 250.16 of this chapter means a sale of natural gas to any person or entity by a seller that is not an interstate pipeline, except when:

    (1) The seller is selling gas solely from its own production;

    (2) The seller is selling gas solely from its own gathering or processing facilities; or

    (3) The seller is an intrastate natural gas pipeline or a local distribution company making an on-system sale.

    (d) Potential shippers, as used in this part and § 250.16 of this chapter, means all current transportation and sales customers of an interstate natural gas pipeline, and all persons who have pending requests for transportation service or for information regarding transportation service on that pipeline.

    (e) Transportation, as used in this part and § 250.16 of this chapter, includes storage, exchange, backhaul, displacement, or other methods of transportation.