FERC Denies NiSource Unit's Rate Ceiling Waiver Bid

Law360, New York (September 17, 2012, 6:29 PM EDT) -- The Federal Energy Regulatory Commission on Monday denied a bid by a NiSource Gas Transmission & Storage-owned pipeline operator to allow an exception to its rate ceiling after energy giants including Chevron USA Inc. and Anadarko Energy Services Co. argued that such a waiver would unfairly distribute market power.

The commission rejected the request by Columbia Gas Transmission LLC to allow Charleston, W.Va.-based oil and gas company Northeast Natural Energy LLC, with whom it had entered into a negotiated rate agreement in April, to provide capacity...
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