96-14664. El Paso Natural Gas Company; Notice of Proposed Changes in FERC Gas Tariff

[Federal Register Volume 61, Number 113 (Tuesday, June 11, 1996)]
[Notices]
[Page 29542]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-14664]



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DEPARTMENT OF ENERGY
[Docket No. RP96-254-000]


El Paso Natural Gas Company; Notice of Proposed Changes in FERC 
Gas Tariff

June 5, 1996.
    Take notice that on May 31, 1996, El Paso Natural Gas Company (El 
Paso), tendered for filing as part of its FERC Gas Tariff, Second 
Revised Volume No. 1-A, the following tariff sheets, to become 
effective July 1, 1996:

Third Revised Sheet Nos. 30, 31, and 32

    El Paso states that Section 31.4(b) of its tariff provides the 
mechanism by which El Paso adjusts the interest calculated on the 
unrecovered balance of its stranded investment cost in Washington Ranch 
Storage Facility and then adjusts the Monthly Amortized Amount 
allocated to each Shipper. El Paso states that the Tariff further 
provides that El Paso will adjust its rates for any differences 
resulting from the use of the estimated interest versus the actual 
interest and such difference shall be added to or deducted from the 
estimated interest for the upcoming six month period.
    El Paso states that the Monthly Amortized Amount has been adjusted 
to reflect the projected interest and the difference in the previously 
estimated interest and actual interest utilizing the appropriate 
interest rate calculated pursuant to Section 154.501(d)(1) of the 
Commission's Regulations under the Natural Gas Act. El Paso states that 
the projected interest was calculated on the remaining unrecovered 
balance of the stranded investment costs. El Paso states that the 
revised Washington Ranch Reservation Surcharges and resulting Monthly 
Billed Amounts are shown on the tendered tariff sheets.
    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, 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 as 
provided in 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 proceeding. 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.
Lois D. Cashell,
Secretary.
[FR Doc. 96-14664 Filed 6-10-96; 8:45 am]
BILLING CODE 6717-01-M