Iroquois Gas Transmission System Submits Revised Tariff Sheet for FERC Approval

Strategic Insights -

The Iroquois Gas Transmission System, L.P. has submitted a document to the Federal Energy Regulatory Commission (FERC) to revise its negotiated rate tariff. The proposed revision includes a new rate agreement with ConocoPhillips Company, which will take effect on June 1, 2025. The Iroquois Gas Transmission System is requesting a waiver of the 30-day notice requirement to allow the revised tariff to take effect immediately. This move is consistent with the Commission's regulations and Iroquois' FERC Gas Tariff.

Key Takeaways:

  • The Iroquois Gas Transmission System has submitted a revised tariff sheet to FERC for approval, which includes a negotiated rate agreement with ConocoPhillips Company.
  • The proposed effective date for the tariff sheet is June 1, 2025, and the Iroquois Gas Transmission System is requesting a waiver of the 30-day notice requirement.
  • The revision is consistent with the Commission's regulations and Iroquois' FERC Gas Tariff, which authorizes negotiated rates for transportation services.
  • The negotiated rate transaction was previously approved in Docket No. RP98-18-000, where the Commission found Iroquois' proposal for negotiated rates to be consistent with the Policy Statement issued on January 31, 1996.
  • The negotiated rate is set forth on Schedule 3 of the Firm Service Agreement between the RTS Shipper and Iroquois, which conforms in all material respects with Iroquois' pro forma service agreement.
  • Iroquois is requesting a waiver of the 30-day notice requirement, citing the Commission's statement in the Policy Statement that it did not intend to suspend the effectiveness of negotiated rate filings or impose a refund obligation for those rates.

Statistics:

  • The proposed effective date for the tariff sheet is June 1, 2025.
  • The negotiated rate transaction was previously approved in Docket No. RP98-18-000.
  • The Commission's Policy Statement was issued on January 31, 1996.
  • The proposed clean version of the tariff sheet is being submitted in RTF format for publishing in eLibrary.

Sources:

  • Iroquois Gas Transmission System, L.P., 81 FERC P 61,190 (1997)
  • Commission, 74 FERC P 61,076 (1996)
  • Commission, 104 FERC P 61,134 (2003)