99-26430. Colorado Interstate Gas Company; Notice of Tariff Filing

[Federal Register Volume 64, Number 196 (Tuesday, October 12, 1999)]
[Notices]
[Pages 55263-55264]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-26430]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. RP00-5-000]


Colorado Interstate Gas Company; Notice of Tariff Filing

October 5, 1999.
    Take notice that on October 1, 1999, Colorado Interstate Gas 
Company (CIG), tendered for filing to become part of its FERC Gas 
Tariff, First Revised Volume No. 1, tariff sheets listed in Appendix A 
to the filing, to be effective November 1, 1999.
    CIG states it is making this filing to replace Spot Index Price 
with Cash Out Index Price to be used for the following:
    1. The imbalance cash-out provisions,
    2. The penalty imposed on a park-loan shipper pursuant to Rate 
Schedule PAL-1 that fails to return loaned gas by the deadline imposed 
by CIG (currently 150% of the Spot Index Price),
    3. The penalty imposed on a swing service operator pursuant to Rate 
Schedule SS-1 (currently 150% of the Spot Index Price), and
    4. Calculating the fuel quantity attributable to revenue from gas 
processing.
    Use of the Spot Index Price as a basis for calculation of 
unauthorized overrun fees is unaffected by this filing.
    CIG avers that currently it calculates the Spot Index Price based 
on published first-of-the-month index prices. CIG is proposing to add a 
new term to be called the Cash Out Index Price, to be calculated using 
an average of the daily mid-point index prices for the pertinent 
production month. CIG states that an average daily index price is more 
representative than a first of the month

[[Page 55264]]

index price regarding the actual cost of gas during a production month.
    CIG further states that an average daily index price is superior to 
a first of the month index in deterring gaming by shippers, such as 
when a shipper decides to deliberately (1) Incur or not clear 
imbalances, (2) Not return loaned quantities to park-loan service, or 
(3) Not return excess deliveries in its swing service account. CIG 
states a first of the month index invites gaming because this type of 
index price allows a shipper to readily determine when there is an 
economic advantage to engage in gaming.
    CIG states that copies of the filing have been mailed to all 
affected customers and state regulatory commissions.
    Any person desiring to be heard or to protest said filing should 
file a motion to intervene or a protest with the Federal Energy 
Regulatory Commission, 888 First Street, NE, Washington, D.C. 20426, in 
accordance with sections 385.214 or 385.211 of the Commission's rules 
and regulations. All such motions or protests must be filed in 
accordance with section 154.210 of the Commission's Regulations. 
Protests will be considered by the Commission in determining the 
appropriate action to be taken, but will not serve to make protestants 
parties to the proceedings. Any person wishing to become a party must 
file a motion to intervene. Copies of this filing are on file with the 
Commission and are available for public inspection in the Public 
Reference Room. This filing may be viewed on the web at http://
www.ferc.fed.us/online/rims.htm (call 202-208-2222 for assistance).
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 99-26430 Filed 10-8-99; 8:45 am]
BILLING CODE 6717-01-M