In accordance with 5 CFR 1320, the information collection is approved for 3 years.
Inventory as of this Action
Requested
Previously Approved
07/31/2013
36 Months From Approved
500
0
0
19,178
0
0
0
0
0
In RM09-2-000, A Final Rule, FERC is proposing a new information collection requirement FERC-549D. FERC issued the Final Rule revising the contract reporting requirements for those natural gas pipelines that fall under the CommissionÂs jurisdiction in accordance with section 311 of the Natural Gas Policy Act or section 1(c) of the Natural Gas Act. With the new FERC-549D, the Commission's requirements will: (1) increase the reporting frequency from annual to quarterly, (2) include certain additional types of information and cover storage transactions as well as transportation transactions, (3) establish a procedure for the Form No. 549D reports to be filed in a uniform electronic format and posted on the CommissionÂs web site, (4) and hold that those reports must be public and may not be filed with information redacted as privileged. Finally, the Commission is also modifying its policy concerning periodic reviews of the rates charged by section 311 and Hinshaw pipelines to extend the cycle for such reviews from 3 years to 5 years.
US Code:
15 USC 3372
Name of Law: Natural Gas Policy Act of 1978
US Code:
15 USC 717
Name of Law: Natural Gas Act
By issuing this Final Rule, the Commission is adopting the proposed quarterly transactional reporting requirements for section 311 and Hinshaw pipelines. The Commission finds that these transactional reporting requirements appropriately balance the need for increased transparency of intrastate and Hinshaw pipeline transactions, while avoiding unduly burdensome requirements that might discourage such pipelines from participating in the interstate market.
An additional benefit will occur by making the reports easily accessible on the CommissionÂs website would avoid the costs of requiring intrastate pipelines to maintain a NAESB-compliant website while also offering a single, convenient, and standardized source for intrastate pipeline information.
In summary, the quarterly filing of additional information by intrastate pipelines is necessary to provide information regarding the price and availability of natural gas transportation services to market participants, state commissions, the Commission, and the public. The filing would contribute to market transparency by empowering market participants to determine the extent to which particular transactions are comparable to one another; 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.