94-5217. Panhandle Eastern Pipe Line Co.; Proposed Changes in FERC Gas Tariff  

  • [Federal Register Volume 59, Number 45 (Tuesday, March 8, 1994)]
    [Unknown Section]
    [Page 0]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-5217]
    
    
    [[Page Unknown]]
    
    [Federal Register: March 8, 1994]
    
    
    -----------------------------------------------------------------------
    
    DEPARTMENT OF ENERGY
    [Docket No. RP94-153-000]
     
    
    Panhandle Eastern Pipe Line Co.; Proposed Changes in FERC Gas 
    Tariff
    March 2, 1994.
        Take notice that on February 18, 1994, Panhandle Eastern Pipe Line 
    Company (Panhandle) tendered for filing as part of its FERC Gas Tariff, 
    First Revised Volume No. 1 and Original Volume No. 2, revised tariff 
    sheets as reflected on Appendix A to the filing.
        The subject tariff sheets bear an issue date of February 28, 1994 
    and a proposed effective date of April 1, 1994.
        Panhandle states that this filing is necessary to recover a portion 
    of certain additional take-or-pay settlement and contract reformation 
    costs in accordance with the Commission's Order No. 528 cost-sharing 
    and recovery mechanism. The proposed tariff sheets reflect a volumetric 
    surcharge of 0.19 cents per Dt. to effectuate the recovery of 75% of 
    approximately $2.4 million of take-or-pay settlement and contract 
    reformation costs related to gas purchase arrangements with various 
    producer suppliers. Panhandle proposes to recover these amounts over a 
    two year period commencing April 1, 1994 and terminating on March 31, 
    1996. The volumetric surcharge is applicable to all volumes transported 
    by Panhandle (including volumes transported under Storage Related 
    Transportation), with two limited exceptions. The volumetric surcharge 
    on transportation volumes shall not be applied to:
    
        (i) Volumes of gas withdrawn from storage, to the extent the 
    surcharge was applicable to the transportation of the corresponding 
    volumes into storage; or
        (ii) Volumes of gas transported on any portion of the Panhandle 
    system for one Shipper,when title to such gas passes to another 
    Shipper of gas for immediate redelivery and subsequent 
    transportation on the Panhandle system.
    
        Panhandle further states that copies of its filing were served on 
    all jurisdictional customers and interested state regulatory agencies.
        Any person desiring to be heard or to protest said filing should 
    file a motion to intervene or protest with the Federal Energy 
    Regulatory Commission, 825 North Capital Street, NE., Washington, DC 
    20426, in accordance with Sections 385.211 and 385.214 of the 
    Commission's Rules and Regulations. All such motions or protests should 
    be filed on or before March 9, 1994. 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.
    Linwood A. Watson, Jr.,
    Acting Secretary.
    [FR Doc. 94-5217 Filed 3-7-94; 8:45 am]
    BILLING CODE 6717-01-M
    
    
    

Document Information

Published:
03/08/1994
Department:
Energy Department
Entry Type:
Uncategorized Document
Document Number:
94-5217
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: March 8, 1994, Docket No. RP94-153-000