Natural gas contract renegotiations and FERC authorities

hearings before the Subcommittee on Fossil and Synthetic Fuels of the Committee on Energy and Commerce, House of Representatives, Ninety-eighth Congress, first session, February 10 and 22, 1983.
  • 675 Pages
  • 4.27 MB
  • English
U.S. G.P.O. , Washington
Natural gas -- Prices -- Government policy -- United States., Gas companies -- United States., Public contracts -- United St


United St

LC ClassificationsKF27 .E5528 1983
The Physical Object
Paginationiv, 675 p. :
ID Numbers
Open LibraryOL2817602M
LC Control Number83602492

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Natural gas contract renegotiations and FERC authorities: hearings before the Subcommittee on Fossil and Synthetic Fuels of the Committee on Energy and Commerce, House of Representatives, Ninety-eighth Congress, first session, February 10 [United States.

Congress. House. Committee on Energy and Commerce. Regulation of the transportation of natural gas as authorized by the NGPA (Natural Gas Policy Act) and the OCSLA (Outer Continental Shelf Lands Act). Oversight of the construction and operation of pipeline facilities at U.S.

points of entry for the import or export of natural gas. Third-Party Contractors. The Office of Energy Project's voluntary "third-party contracting" (3-PC) program enables applicants seeking certificates for natural gas facilities or licenses for hydroelectric power projects to fund a third-party contractor to assist the Commission in meeting its responsibilities under the National Environmental Policy Act of Before enactment of the Natural Gas Policy Act of (NGPA), the price that interstate pipelines could pay for gas at the wellhead was set by federal regulation.

o The Federal Energy Regulatory Commission (FERC) determined the price that should be paid a producer based upon its cost of making that gas available to the interstate system. Week Of Mon Tue Wed Thu Fri ; Jan to Jan Jan to Jan Jan to Jan NATURAL GAS SALES AGREEMENT. This Natural Gas Sales Agreement (this “Agreement”) is dated as of this 9th day of August, (the “Effective Date”), by and between R.

Gas Development, LLC, a Delaware limited liability company (“RE Gas” or “Seller”) and BP Energy Company, a Delaware company (“BP” or “Buyer”). Natural gas contract renegotiations and FERC authorities.

Hearings before the Subcommittee on Fossil and Synthetic Fuels of the Committee on Energy and Commerce, House of Representatives, Ninety-Eighth Congress, First Session, February 10 TERMS AND CONDITIONS. e- (marketer) will establish a natural gas transportation program for Buyer with its local gas distribution company (LDC) in accordance with the LDC'S may require Buyer to enter into a transportation service agreement.

If requested, (marketer) will arrange for transportation of natural gas on Buyer's behalf from the transfer point(s) to the. Dominion Energy denies claims of contract renegotiations for liquefied natural gas sales contracts Published on Decem by Kevin Randolph Dominion Energy released a statement Tuesday rebutting a report from India’s oil minister that state-owned gas processor GAIL (India) LTD was renegotiating deals with the company related to sales.

On Thursday, Jthe Federal Energy Regulatory Commission (“FERC” or the “Commission”) held a technical conference on the liquidity and transparency of natural gas price indices. The conference consisted of three discussion panels with panelists from various price reporting agencies (“PRAs”), trade associations, academia.

Book: Oil import policy issues. Hearings before the Subcommittee on Trade of the Committee on Ways and Means, House of Representatives, Ninety-Sixth.

The basis on which natural gas is sold and priced varies dramatically between global markets. As natural gas becomes an increasingly important source of energy, understanding of gas pricing concepts is crucial for energy producers, consumers, and regulators.

Though natural gas and oil share many characteristics (both are hydrocarbons, both are. NATURAL GAS ASSET MANAGEMENT AGREEMENT. PREAMBLE. This Natural Gas Asset Management Agreement (the “Agreement”) is made and entered into effective as of November 1,(the “Effective Date”) by and between Roanoke Gas Company (“Counterparty”), a Virginia corporation, and ConocoPhillips Company (“Manager”), a Delaware corporation.

Counterparty and Manager are. Sinceof 35 applications it has received that require a public interest review, the Department of Energy (DOE) has approved 3 applications to export liquefied natural gas (LNG) and 6 applications are conditionally approved with final approval contingent on the Federal Energy Regulatory Commission's (FERC) issuance of a satisfactory environmental review of the export facility.

Natural Gas Supply Price $ per Ccf for April natural gas. NYMEX + $ per Ccf. The variable price is based on the monthly New York Mercantile Exchange price for a natural gas futures contract (last day settle for the month per Ccf) plus $ per Ccf plus applicable taxes as set forth in the Disclosure Statement.

When oil prices drop, natural gas goes down too. Homeowners with gas heating can expect some relief this winter. But there’s no relief for consumers who have signed a fixed price contract.

Description Natural gas contract renegotiations and FERC authorities FB2

The Natural Gas Act of was the first occurrence of the United States federal government regulating the natural gas industry. It was focused on regulating the rates charged by interstate natural gas transmission companies. In the years prior to the passage of the Act, concern arose about the monopolistic tendencies of the transmission companies and the fact that they were charging higher Enacted by: the 75th United States Congress.

MADISON, Wis., Nov. 3, /PRNewswire/ -- This article by MEP Solutions, originally published in the Wisconsin Schools News magazine, discusses four focus areas found in natural gas contracts.

The natural gas liquids (NGPL) composite price is derived from daily Bloomberg spot price data for natural gas liquids at Mont Belvieu, Texas, weighted by gas processing plant production volumes of each product as reported on Form EIA, "Monthly Natural Gas Liquids Report.".

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A firm protested a Federal Energy Regulatory Commission (FERC) contract award for information management services, contending that: (1) FERC improperly required the awardee to hire its employees; and (2) since the integrity of the competitive procurement process was compromised, FERC should resolicit for the required services.

GAO held that: (1) since the protester was not in line for award. Natural Gas Supplier Contract Summary. Natural Gas Supplier Information National Fuel Resources, Inc. (“NFR”) Delivery and Settlement procedure of Natural Gas Delivery logic Both Option Tender day 1st working day after expiry of contract Tender and delivery period 1st to 2 nd working days after expiry of the contract.

Buyer’s and Seller’s Intention On the contract expiry day by p.m. Seller will submit copies of relevant documents as evidenceFile Size: 54KB.

• FERC is the Federal Energy Regulatory Commission • An independent governmental agency created in • It oversees the regulation and approval of: • Hydroelectric • Electric utilities • Natural gas pipelines • Oil pipelines • Governed by 5 commissioners and is located in D.C.

A monthly Option on the corresponding Contract Period of the Henry Penultimate Fixed Price Future. The price quotation convention shall be One hundredth of a cent ($) per MMBtu; minimum price fluctuation may vary by trade type. Please see Table in Resolution 1 to this Chapter Options which are "in the money", with respect to Reference.

This high level practitioner text provides a comprehensive guide to negotiating the complete range of natural gas agreements, from the supply and storage stage all the way through to specialised sales contracts.

With many topical examples drawn from practice, it steers the reader through the complexities of each contractual process.* In-depth practitioner work, written by an expert team of.

FERC Issues New Guidelines for Natural Gas Projects 7/31/ The staff of the Federal Energy Regulatory Commission’s (FERC) Office of Energy Projects has finalized its revised Guidelines for Reporting on Cultural Resources Investigations for Natural Gas Projects, which were issued in draft form on Janufor comment.

At the very minimum, this historical study clearly illustrates that this year, the natural gas market fundamentals for November contract are more bullish than they were in and therefore it is Author: Bluegold Research.

Inwe had a crazy idea. We thought: let’s make access to energy as simple as breathing. It was a single idea that led to a bunch of others, like: instead just.

Natural Gas Contract Decisions for Electric Power Author(s): Matthew Doyle Division of Economics and Business Colorado School of Mines Golden, CO [email protected] Ian Lange Division of Economics and Business Colorado School of Mines Golden, CO [email protected] ABSTRACT.

Rev. 1/22/09 Page 1 of 4 MARKETER AND BROKER SERVICE AGREEMENT This Agreement, dated as of,is made between NEW JERSEY NATURAL GAS COMPANY, with offices at Wyckoff Road, Post Office BoxWall, New.

Following its open meeting on Novemthe Federal Energy Regulatory Commission (“FERC”) is seeking comments on a proposed new policy statement (PL) that will outline the standards interstate natural gas pipelines must satisfy in order to recover the costs of modernizing their facilities and infrastructure.

Once approved, this policy would allow pipelines to recover.FERC FINANCIAL REPORT FERC FORM No. 2: Annual Report of Major Natural Gas Companies and Supplemental Form 3-Q: Quarterly Financial Report THIS FILING IS Item 1: An Initial (Original) Submission X OR Resubmission No.

____ These reports are mandatory under the Natural Gas Act, Sections 10(a), and 16 and 18 CFR Parts and Gas Sales Purchase Agreement (GSPA) GeoEnpro Petroleum Limited Kharsang Oilfield, Arunachal Pradesh Page 1 of 56 IMPORTANT NOTES: 1.

Clauses relating to quantities of Gas are based on the assumption that there is a single buyer for the entire quantity of Gas on offer. Size: KB.