98-12072. Texas Eastern Transmission Corporation; Notice of Stipulation and Agreement

[Federal Register Volume 63, Number 88 (Thursday, May 7, 1998)]
[Notices]
[Page 25208]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-12072]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket Nos. RP98-198-000 and RP85-177-126]


Texas Eastern Transmission Corporation; Notice of Stipulation and 
Agreement

May 1, 1998.
    Take notice that on April 28, 1998, pursuant to Rule 602 of the 
Rules of Practice and Procedure of the Commission, 18 CFR 385.602 Texas 
Eastern Transmission Corporation (Texas Eastern) and the Sponsoring 
Parties submit a Joint Stipulation and Agreement Amending Global 
Settlement (offer of Settlement) as a limited amendment to the 
Stipulation and Agreement approved by the Commission in Texas Eastern 
Transmission Corporation, Docket Nos. RP95-177 (Global Settlement).
    Texas Eastern states that the offer of settlement is designed as a 
limited modification of the Global Settlement in response to concerns 
of Texas Eastern and Texas Eastern's customers relating to 
restructuring a the local level and the increased competitive 
environment in the marketplace. Texas Eastern also states that the 
offer of settlement is also designed to reduce and, thus, render more 
competitive Texas Eastern's rates in the near future, to the benefit of 
Texas Eastern, its customers and consumers.
    Texas Eastern states that copies of the filing are being served 
contemporaneously on all participants listed on the service list in 
this proceeding.
    Pursuant to Rule 602, Initial Comments must be filed on or before 
May 18, 1998 and Reply Comments will be due on May 28, 1998.
    Any person desiring to be heard or to protest this filing should 
file a motion to intervene or a protest with the Federal Energy 
Regulatory Commission, 888 First Street, N.E., Washington, D.C. 20426, 
in accordance with Sections 385.214 and 385.211 of the Commission's 
Rules and Regulations. All such motions or protests must be filed on or 
before May 18, 1998. Persons who are already a party to the Docket No. 
RP85-177-000, et al., proceeding, do not have to file a motion to 
intervene. 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. 98-12072 Filed 5-6-98; 8:45 am]
BILLING CODE 6717-01-M