Sealing Cracks In The Pipeline Bidding Process

Law360, New York (December 6, 2011, 2:44 PM EST) -- On Nov. 17, 2011, the Federal Energy Regulatory Commission adopted a final rule that prohibits natural gas pipeline customers from using multiple affiliates to submit bids in a pipeline open season for the purpose of obtaining a larger pro rata share of capacity.

Under this rule, multiple affiliates are prohibited from bidding in a pipeline open season in which capacity may be allocated on a pro rata basis, unless each affiliate has an independent business reason for submitting a bid.

The adoption of this final rule...
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