FERC Rule Loosens Gas Capacity Releases Markets

Law360, New York (June 20, 2008, 12:00 AM EDT) -- The U.S. Federal Energy Regulatory Commission has passed a final rule that will lift the price caps on short-term releases of secondary natural gas capacity, hoping that the change will bring more competition to the markets for secondary capacity release.

The rule, approved on Thursday, will also allow for more flexibility in asset management agreements under FERC's capacity release rules and bring more options for gas supply shippers, the regulator said.

“The net effect of the final rule should be more efficient use of natural gas...
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