Corrections made
to Supporting Statement, Items 12 (burden calculation) and 14
(annual cost to Federal government).
Inventory as of this Action
Requested
Previously Approved
03/31/2012
36 Months From Approved
65,884
0
0
47,683
0
0
0
0
0
In Docket No. RM07-10-000
Transparency Provisions of Section 23 of the Natural Gas Act;
Transparency Provisions of the Energy Policy Act FERC made two
proposals to facilitate market transparency in natural gas markets.
The first proposal, designed to make available the information
needed to track daily flows of natural gas throughout the United
States, would create a requirement that intrastate pipelines post
daily to the Internet the capacities of, and volumes flowing
through, their major receipt and delivery points and mainline
segments. Postings would be required within 24 hours from the close
of the gas day on which gas flows, i.e., on or before 9:00 a.m.
central clock time for flows occurring on the gas day that ended 24
hours before. In Docket No. RM08-2-000 Pipeline Posting
Requirements under Section 23 of the Natural Gas Act FERC is
proposing to require major non-interstate pipelines, defined as
those natural gas pipelines that deliver more than 50 million MMBtu
per year, to post scheduled flow information and to post
information for each receipt and delivery point with a design
capacity greater than 15,000 MMBtu per day. The Final Rule also
requires that interstate pipelines post information regarding
no-notice service. The postings required in the Final Rule will
increase price transparency in the interstate natural gas markets
by providing information about the supply and demand fundamentals
that underlie those markets. In this way, the Commission will meet
the goal set forth by Congress in section 23 of the NGA to
facilitate price transparency in markets for the sale or
transportation of physical natural gas in interstate commerce,
and, at the same time, responds to commenters concerns about the
potential cost and burden of both interstate and certain major
non-interstate pipelines to post capacity, daily scheduled flow
information and daily actual flow information.
The daily posting of additional
flow information by interstate and major non-interstate pipelines
is necessary to provide information regarding the price and
availability of natural gas to market participants, state
commissions, the FERC and the public. The posting would contribute
to market transparency by aiding the understanding of the
volumetric/availability drivers behind price movements; it would
provide a better picture of disruptions in natural gas flows in the
case of disturbances to the pipeline system; and it would allow the
monitoring of potentially manipulative or unduly discriminatory
activity.
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
RM08-2-000 Press Release.doc
Reporting of Flow Volume and Capacity by Interstate and Non-major Interstate Natural Gas Pipelines