95-27059. Equitable Storage Company; Notice of Petition for Rate Approval

[Federal Register Volume 60, Number 211 (Wednesday, November 1, 1995)]
[Notices]
[Pages 55566-55567]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-27059]



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DEPARTMENT OF ENERGY
[Docket No. PR96-1-000]


Equitable Storage Company; Notice of Petition for Rate Approval

October 26, 1995.
    Take notice that on October 17, 1995, Equitable Storage Company 
(Equitable) filed pursuant to Section 284.123(b)(2) of the Commission's 
Regulations, a petition for rate approval requesting that the 
Commission approve as fair and equitable, market-based rates for firm 
and interruptible storage services. Equitable states that the rates for 
firm and interruptible storage services will be negotiated between 
Equitable and the various shippers. Equitable intends to conduct an 
open season for the initial offering to commence on November 13, 1995, 
and continue through November 24, 1995.
    Equitable states that it is an intrastate pipeline within the 
meaning of Section 2(16) of the NGPA. Equitable is the developer and 
sole owner of the Jefferson Island Underground Gas Storage Facility 
(Jefferson Island) located in Iberia and Vermilion Parishes, Louisiana, 
which is the subject of its petition. Equitable will commit all or a 
portion of its Jefferson Island storage capacity to the performance of 
storage services for third parties, including parties utilizing these 
services in support of intrastate and interstate commerce. Equitable's 
willingness to undertake interstate storage services is based on 
Equitable's ability to do so under NGPA Section 311(a)(2), and at 
negotiated, market-based rates.

[[Page 55567]]

    Pursuant to Section 284.123(b)(2)(ii), if the Commission does not 
act within 150 days of the filing date, the rate will be deemed to be 
fair and equitable and not in excess of an amount which interstate 
pipelines would be permitted to charge for similar transportation 
service. The Commission may, prior to the expiration of the 150-day 
period, extend the time for action or institute a proceeding to afford 
parties an opportunity for written comments and for the oral 
presentation of views, data, and arguments.
    Any person desiring to participate in this rate proceeding must 
file a motion to intervene in accordance with Sections 385.211 and 
385.214 of the Commission's Rules of Practice and Procedures. All 
motions must be filed with the Secretary of the Commission on or before 
November 20, 1995. The petition for rate approval is on file with the 
Commission and is available for public inspection.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 95-27059 Filed 10-31-95; 8:45 am]
BILLING CODE 6717-01-M