[Federal Register Volume 60, Number 219 (Tuesday, November 14, 1995)]
[Notices]
[Page 57236]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-28003]
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DEPARTMENT OF ENERGY
[Docket No. ER95-1278-000]
NAP Trading and Marketing, Inc.; Notice of Issuance of Order
November 7, 1995.
On June 28, 1995, as amended September 29, 1995, NAP Trading and
Marketing Inc. (NAP) submitted for filing a rate schedule under which
NAP will engage in wholesale electric power and energy transactions as
a marketer. NAP also requested waiver of various Commission
regulations. In particular, NAP requested that the Commission grant
blanket approval under 18 CFR Part 34 of all future issuances of
securities and assumptions of liability by NAP.
On October 25, 1995, pursuant to delegated authority, the Director,
Division of Applications, Office of Electric Power Regulation, granted
requests for blanket approval under Part 34, subject to the following:
Within thirty days of the date of the order, any person desiring to
be heard or to protest the blanket approval of issuances of securities
or assumptions of liability by NAP should file a motion to intervene or
protest with the Federal Energy Regulatory Commission, 888 First Street
NE., Washington, D.C. 20426, in accordance with Rules 211 and 214 of
the Commission's Rules of Practice and Procedure (18 CFR 385.211 and
385.214).
Absent a request for hearing within this period, NAP is authorized
to issue securities and assume obligations or liabilities as a
guarantor, indorser, surety, or otherwise in respect of any security of
another person; provided that such issuance or assumption is for some
lawful object within the corporate purposes of the applicant, and
compatible with the public interest, and is reasonably necessary or
appropriate for such purposes.
The Commission reserves the right to require a further showing that
neither public nor private interests will be adversely affected by
continued approval of NAP's issuances of securities or assumptions of
liability.
Notice is hereby given that the deadline for filing motions to
intervene or protests, as set forth above, is November 24, 1995.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, 888 First Street, NE. Washington,
D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-28003 Filed 11-13-95; 8:45 am]
BILLING CODE 6717-01-M
