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FERC issues new tax rule for MLPs; Southeast Markets Pipelines approval renewed

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FERC issues new tax rule for MLPs; Southeast Markets Pipelines approval renewed

FERC strips income tax allowance for interstate pipeline MLPs

The Federal Energy Regulatory Commission will no longer allow interstate natural gas and oil pipelines operating as master limited partnerships to recover an income tax allowance in their cost-of-service rates, stripping many pipelines of a mechanism that had boosted the amount of pretax income passed through to unit holders.

Divided FERC renews approvals for 1.1-Bcf/d Southeast Market Pipelines project

The Federal Energy Regulatory Commission reissued authorizations for the up to 1.1-Bcf/d, 515-mile Sabal Trail natural gas pipeline and other parts of the giant Southeast Market Pipelines project in a decision that divided the commission over how FERC should assess greenhouse gas emissions and how the emissions should be linked to gas transportation infrastructure.

FERC rule would ensure pipeline rates adjust to new tax law

A new rule proposed by the Federal Energy Regulatory Commission would put in place a process that would allow the commission to determine which interstate natural gas pipelines might be collecting "unjust and unreasonable rates" after changes in FERC's income tax allowance policies and a recent reduction in the corporate income tax rate.

KMI pipelines plan to increase capacity into Cheyenne hub

Wyoming Interstate Co. LLC asked the Federal Energy Regulatory Commission for authorization to modernize a compressor station at the Cheyenne Hub in Colorado to increase natural gas transportation capacity by 222,000 Dth/d, part of a larger effort by several pipeline companies to expand the complex near the DJ Basin.

FERC staff gives OK in environmental review of Transco's NJ expansion

Federal Energy Regulatory Commission staff said Williams Partners LP's expansion project for its Transcontinental Gas Pipe Line Co. LLC system in New Jersey would not have serious environmental impacts.

Transco gets nod to start service on 2nd phase of Garden State expansion

The Federal Energy Regulatory Commission allowed Williams Partners LP's Transcontinental Gas Pipe Line Co. LLC to begin service for the final phase of a natural gas expansion project that will deliver an additional 180,000 Dth/d of gas in total to New Jersey.

Environmentalists move to limit tree felling on Atlantic Coast project

Opponents of the 1.5-Bcf/d Atlantic Coast natural gas pipeline project asked the Federal Energy Regulatory Commission to deny authorization that would let developers continue tree felling into May to stay on schedule.