AGENCY:
Federal Energy Regulatory Commission.
ACTION:
Final rule.
SUMMARY:
Pursuant to the authority delegated by 18 CFR 375.308(x)(1), the Director of the Office of Energy Projects (OEP) computes and publishes the project cost and annual limits for natural gas pipelines blanket construction certificates for each calendar year.
EFFECTIVE DATE:
January 1, 2004.
FOR FURTHER INFORMATION CONTACT:
Michael J. McGehee, Chief, Certificates Branch 1, Division of Pipeline Certificates, (202) 502-8962.
Section 157.208(d) of the Commission's Regulations provides for project cost limits applicable to construction, acquisition, operation and miscellaneous rearrangement of facilities (Table I) authorized under the blanket certificate procedure (Order No. 234, 19 FERC ¶ 61,216). Section 157.215(a) specifies the calendar year dollar limit which may be expended on underground storage testing and development (Table II) authorized under the blanket certificate. Section 157.208(d) requires that the “limits specified in Tables I and II shall be adjusted each calendar year to reflect the ‘GDP implicit price deflator’ published by the Department of Commerce for the previous calendar year.”
Pursuant to § 375.308(x)(1) of the Commission's Regulations, the authority for the publication of such cost limits, as adjusted for inflation, is delegated to the Director of the Office of Energy Projects. The cost limits for calendar year 2004, as published in Table I of § 157.208(d) and Table II of § 157.215(a), are hereby issued.
List of Subjects in 18 CFR Part 157
- Administrative practice and procedure
- Natural Gas
- Reporting and recordkeeping requirements
J. Mark Robinson,
Director, Office of Energy Projects.
Accordingly, 18 CFR part 157 is amended as follows:
PART 157—[AMENDED]
1. The authority citation for part 157 continues to read as follows:
Authority: 15 U.S.C. 717-717w, 3301-3432; 42 U.S.C. 7101-7352.
2. Table I in § 157.208(d) is revised to read as follows:
(d) * * *
Table I
Year | Limit | |
---|---|---|
Auto. proj. cost limit (Col.1) | Prior notice proj. cost limit (Col.2) | |
1982 | $4,200,000 | $12,000,000 |
1983 | 4,500,000 | 12,800,000 |
1984 | 4,700,000 | 13,300,000 |
1985 | 4,900,000 | 13,800,000 |
1986 | 5,100,000 | 14,300,000 |
1987 | 5,200,000 | 14,700,000 |
1988 | 5,400,000 | 15,100,000 |
1989 | 5,600,000 | 15,600,000 |
1990 | 5,800,000 | 16,000,000 |
1991 | 6,000,000 | 16,700,000 |
1992 | 6,200,000 | 17,300,000 |
1993 | 6,400,000 | 17,700,000 |
1994 | 6,600,000 | 18,100,000 |
1995 | 6,700,000 | 18,400,000 |
1996 | 6,900,000 | 18,800,000 |
1997 | 7,000,000 | 19,200,000 |
1998 | 7,100,000 | 19,600,000 |
1999 | 7,200,000 | 19,800,000 |
2000 | 7,300,000 | 20,200,000 |
2001 | 7,400,000 | 20,600,000 |
2002 | 7,500,000 | 21,000,000 |
2003 | 7,600,000 | 21,200,000 |
2004 | 7,800,000 | 21,600,000 |
3. Table II in § 157.215(a) is revised to read as follows:
(a) * * *
(5) * * *
Table II
Year | Limit |
---|---|
1982 | 2,700,000 |
1983 | 2,900,000 |
1984 | 3,000,000 |
1985 | 3,100,000 |
1986 | 3,200,000 |
1987 | 3,300,000 |
1988 | 3,400,000 |
1989 | 3,500,000 |
1990 | 3,600,000 |
1991 | 3,800,000 |
1992 | 3,900,000 |
1993 | 4,000,000 |
1994 | 4,100,000 |
1995 | 4,200,000 |
1996 | 4,300,000 |
1997 | 4,400,000 |
1998 | 4,500,000 |
1999 | 4,550,000 |
2000 | 4,650,000 |
2001 | 4,750,000 |
2002 | 4,850,000 |
2003 | 4,900,000 |
2004 | 5,000,000 |
[FR Doc. 04-4324 Filed 2-26-04; 8:45 am]
BILLING CODE 6717-01-P