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The FERC has proposed major revisions to the secondary market for interstate capacity, offering interstate pipelines and holders of interstate capacity the opportunity to participate in experimental programs to help determine the effectiveness of the proposed changes (Docket Nos. RM96-14-000 and RM96-14-001).
The Notice of Proposed Rulemaking (NOPR):
s Requires comparable procedures for pipeline capacity-release and interrruptible transportation transactions
s Increases the flexibility of released capacity by allowing replacement shippers to release capacity in segments and change primary receipt and delivery points
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