FERC Rules Call For More Transparency From Gas Cos.

Law360, New York (September 21, 2007, 12:00 AM EDT) -- The Federal Energy Regulatory Commission has taken steps towards requiring that natural gas companies turn over more information about their revenues, rates and costs, in a continued effort to make the industry more transparent.

Under the rules proposed by FERC on Thursday, interstate natural gas companies would have to disclose details about where their revenue comes from and how it relates to the rates they charge, and identify costs linked to affiliate transactions, incremental facilities and discounted or negotiated rates.

“The information to be collected under...
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