[Federal Register Volume 62, Number 125 (Monday, June 30, 1997)]
[Notices]
[Pages 35168-35169]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-16977]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. CP95-661-002]
Texas Eastern Transmission Corporation; Notice of Application
June 24, 1997.
Take notice that on June 13, 1997 Texas Eastern Transmission
Corporation (Texas Eastern), 5400 Westheimer Court, Houston, Texas
77056-5310, filed in Docket No. CP95-661-002 an abbreviated application
pursuant to Section 7(b) of the Natural Gas Act to amend its existing
authorization to abandon by sale, its Line 40-E facility in Lafourche
and Terrebonne Parishes, Louisiana. Texas Eastern requests the
Commission amend its Order Granting Abandonment issued October 30, 1995
so as to replace Texaco Pipeline Inc. (Texas) with PanEnergy Field
Services, Inc. (Field Services), an affiliate, as the purchaser of Line
40-E.
Texas Eastern states that pursuant to the terms and conditions of
the Purchase and Sale Agreement between Texas Eastern and Texaco,
Texaco notified Texas Eastern on March 21, 1997, that it was exercising
its right under the Purchase and Sale Agreement to terminate such
agreement. Subsequently, Texas Eastern has entered into a Purchase and
Sale Agreement (``Agreement'') with Field Services pursuant to which
Texas Eastern will sell, and Field Services will purchase, Line 40-E.
Texas Eastern states the Agreement is substantially in the form of the
agreement between Texas Eastern and Texaco. The price to be paid by
Filed Services for Line 40-E, i.e., net book value at the date of
closing, is a negotiated price. The option granted to Texaco to acquire
13 acres of land at Texas Eastern's Larose Compressor Station location
in Louisiana (``Option'') has been eliminated. Except for the Option,
Texas Eastern further states that the Agreement provides for the sale
of the exact same facilities as authorized in the Commission's October
30, 1995 order. The net book value of Line 40-E at the proposed closing
date of October 1, 1997 will be $3,023,062.
Texas Eastern also requests that the Commission issue the
declaratory order petitioned for by Field Services in its filing with
the Commission on June 20, 1997 in Docket No. CP97-599-000.
Any person desiring to be heard or to make any protest with
reference to said application should on or before July 15, 1997, file
with the Federal Energy Regulatory Commission, Washington, DC 20426, a
motion to intervene or a protest in accordance with the requirements of
the Commission's Rules of Practice and Procedure (18 CFR 385.214 or
385.211) and the Regulations under the Natural Gas Act (18 CFR 157.10).
All protests filed with the Commission will be considered by it in
determining the appropriate action to be taken, but will not serve to
make the protestants parties to the proceedings. Any person wishing to
become a party to a proceeding or to participate as a party in any
hearing therein must file a
[[Page 35169]]
motion to intervene in accordance with the Commission's Rules.
Take further notice that, pursuant to the authority contained in
and subject to the jurisdiction conferred upon the Federal Energy
Regulatory Commission by Sections 7 and 15 of the Natural Gas Act and
Commission's Rules of Practice and Procedure, a hearing will be held
without further notice before the Commission or its designee on this
application if no motion to intervene is filed within the time required
herein, if the Commission on its own review of the matter finds that a
grant of the certificate is required by the public convenience and
necessity. If a motion for leave to intervene is timely filed, or if
the Commission on its own motion believes that a formal hearing is
required, further notice of such hearing will be duly given.
Under the procedure herein provided for, unless otherwise advised,
it will be unnecessary for Texas Eastern to appear or be represented at
the hearing.
Lois D. Cashell,
Secretary.
[FR Doc. 97-16977 Filed 6-27-97; 8:45 am]
BILLING CODE 6717-01-M
