CGT Suggests New Regulatory Model

Fortnightly Magazine - August 1996
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In response to a request for comments on negotiated terms and conditions of service, the Columbia Gas Transmission Corp. (CGT) has asked the Federal Energy Regulatory Commission (FERC) to model regulatory reforms in the natural gas pipeline industry after recent changes in the regulation of the telecommunications and railroad industries.

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CGT said that four events have created a demand for flexible, customized services from natural gas storage and pipeline companies: 1) initiatives by local distribution company (LDC) customers to negotiate new rate models with their state commissions, 2) unbundling of LDC services at the local level, 3) the emergence of power marketing, and 4) ongoing restructuring of the electric industry.

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