Transcontinental Gas Pipe Line Corporation; Notice of Filing

[Federal Register Volume 64, Number 207 (Wednesday, October 27, 1999)]
[Notices]
[Page 57872]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-28022]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. RP00-4-000]


Transcontinental Gas Pipe Line Corporation; Notice of Filing

October 21, 1999.
    Take notice that on October 13, 1999, Transcontinental Gas Pipe 
Line Corporation tendered for filing certain revised tariff sheets to 
its FERC Gas Tariff, Third Revised Volume No. 1, which tariff sheets 
are enumerated in Appendix A attached thereto. The proposed effective 
date of the revised tariff sheets is December 1, 1999.
    Transco states that the purpose of the instant filing is to 
implement and modify the current imbalance ``cash out'' provisions of 
Transco's film and interruptible transportation rate schedules. 
Specifically, Transco proposes to:
    •  Consolidate into a new Section 37, ``Cash Out 
provisions'', in the General Terms and Conditions of its tariff the 
imbalance ``cash out'' provisions set forth in its firm and 
interruptible rate schedules and include in those rate schedules a 
reference to the terms of the new Section 37;
    •  Substitute Gas Daily in place of Natural Gas Week as the 
source publication for the spot price indices and to establish a 
Reference Spot Price and monthly Average Spot Price for each zone to be 
used to determine the Reference Sport ``Buy'' or ``Sell'' and the 
Average Spot Price at which Transco and buyers under the applicable 
rate schedules will ``cash out'' imbalances;
    •  Revise (i) the monthly Reference Spot ``Buy'' and ``Sell'' 
Price for each one to use the average of the three (3) Lowest or 
Highest Daily Midpoint Prices, respectively, for that zone in the month 
determined from Gas Daily, as opposed to the currently used lowest and 
highest weekly Reference Spot Price for the month determined from 
Natural Gas Week, and (ii) the monthly Average Spot Price for each zone 
to use the simple arithmetic average of the Midpoint Price for that 
zone in the month from Gas Daily; and
    •  Revise the imbalance tolerance level to one and one-half 
percent (1.5%) from two and one-half percent (2.5%), to determine the 
application of the Weighted Average Spot Price in the ``cash out'' of 
imbalances for so-called majority shippers.
    Transco states that its proposed tariff revisions are consistent 
with Commission policy.
    Any person desiring to be heard or to protest said filing should 
file a motion to intervene or a protest with the Federal Energy 
Regulatory Commission, 888 First Street, N.E. Washington, D.C. 20426, 
in accordance with Sections 385.214 or 385.211 of the Commission's 
Rules and Regulations. All such motions or protests must be filed in 
accordance with Section 154.210 of the Commission's Regulations. 
Protests will be considered by the Commission in determining the 
appropriate action to be taken, but will not serve to make protestants 
parties to the proceedings. Any person wishing to become a party must 
file a motion to intervene. Copies of this filing are on file with the 
Commission and are available for public inspection in the Public 
Reference Room. This filing may be viewed on the web at https://
www.ferc.fed.us/online/rims.htm (call 202-209-2222 for assistance).
David P. Boergers,
Secretary.
[FR Doc. 99-28022 Filed 10-26-99; 8:45 am]
BILLING CODE 6717-01-M