Natural Gas Policy Act: Natural gas pipelines; project costs and annual limits,

[Federal Register: February 7, 2005 (Volume 70, Number 24)]

[Rules and Regulations]

[Page 6340]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr07fe05-10]

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Part 157

[Docket No. RM81-19-000]

Natural Gas Pipelines; Project Cost and Annual Limits

February 1, 2005. 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, 2005.

FOR FURTHER INFORMATION, CONTACT: Michael J. McGehee, Chief, Certificates Branch 1, Division of Pipeline Certificates, (202) 502- 8962.

Publication of Project Cost Limits Under Blanket Certificates; Order of the Director, OEP

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 [min]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 2005, as published in Table I of [min]157.208(d) and Table II of [min]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.

0 Accordingly, 18 CFR part 157 is amended as follows:

PART 157--[AMENDED]

0 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.

0 2. Table I in Sec. 157.208(d) is revised to read as follows:

Sec. 157.208 Construction, acquisition, operation, replacement, and miscellaneous rearrangement of facilities.

* * * * *

(d) * * *

Table I

Limit

Year

Auto. proj. Prior notice cost limit proj. cost (Col.1) 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 2005.................................... 8,000,000 22,000,000

* * * * *

0 3. Table II in Sec. 157.215(a)(5) is revised to read as follows:

Sec. 157.215 Underground storage testing and development.

(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 2005.................................................... 5,100,000

* * * * *

[FR Doc. 05-2255 Filed 2-4-05; 8:45 am]

BILLING CODE 6717-01-P