15 U.S.C. § 3372
The Commission may, by rule or order, authorize any intrastate pipeline to assign, without compensation, to any interstate pipeline or local distribution company all or any portion of such intrastate pipeline's right to receive surplus natural gas at any first sale, upon such terms and conditions as the Commission determines appropriate.
For the effect of an authorization under subsection (a), see section 3431 of this title (relating to the coordination of this chapter with the Natural Gas Act [ 15 U.S.C. 717 et seq.]).
For purposes of this section, the term "surplus natural gas" means any natural gas which is determined, by the State agency having regulatory jurisdiction over the intrastate pipeline which would be entitled to receive such natural gas in the absence of any assignment to exceed the then current demands on such pipeline for natural gas.
15 U.S.C. § 3372
EDITORIAL NOTES
REFERENCES IN TEXTThe Natural Gas Act, referred to in subsec. (b), is act June 21, 1938, ch. 556, 52 Stat. 821, which is classified generally to chapter 15B (§717 et seq.) of this title. For complete classification of this act to the Code, see section 717w of this title and Tables.
AMENDMENTS1989-Subsec. (c). Pub. L. 101-60 substituted "any natural gas" for "any natural gas-"(1) which is not committed or dedicated to interstate commerce on November 8, 1978;"(2) the first sale of which is subject to a maximum lawful price established under subchapter I of this chapter; and"(3)".
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE OF 1989 AMENDMENT Section 3(b) of Pub. L. 101-60 provided in part that the amendment by section 3(b)(2) of Pub. L. 101-60 is effective Jan. 1, 1993.
- Commission
- The term "Commission" means the Federal Energy Regulatory Commission.
- State
- The term "State" means each of the several States and the District of Columbia.
- interstate pipeline
- The term "interstate pipeline" means any person engaged in natural gas transportation subject to the jurisdiction of the Commission under the Natural Gas Act [ 15 U.S.C. 717 et seq.].
- intrastate pipeline
- The term "intrastate pipeline" means any person engaged in natural gas transportation (not including gathering) which is not subject to the jurisdiction of the Commission under the Natural Gas Act [ 15 U.S.C. 717 et seq.] (other than any such pipeline which is not subject to the jurisdiction of the Commission solely by reason of section 1(c) of the Natural Gas Act [ 15 U.S.C. 717(c) ]).
- local distribution company
- The term "local distribution company" means any person, other than any interstate pipeline or any intrastate pipeline, engaged in the transportation, or local distribution, of natural gas and the sale of natural gas for ultimate consumption.
- natural gas
- The term "natural gas" means either natural gas unmixed, or any mixture of natural and artificial gas.
- sale
- The term "sale" means any sale, exchange, or other transfer for value.