دیکشنری تخصصی مهندسی نفت - نسخه آنلاین

n: termination of a jurisdictional sale or service. Under Section 7(b) of the Natural Gas Act, the Federal Energy Regulatory Commission must determine in advance that the present or future public convenience and necessity" or depletion of gas supplies requires termination.

n: (ERA) federal agency that administers federal energy programs other than those regulated by the Federal Energy Regulatory Commission. See also Department of Energy. Federal Energy Regulatory Commission.

n: (FERC) an independent agency (created in 1977) of the Department of Energy that has jurisdiction over oil pipelines engaged in interstate commerce. With respect to the natural gas industry, the general regulatory principles of the FERC are defined in the Natural Gas Act (NGA),and the Natural Gas Policy Act (NGPA). The FERC also has jurisdiction over wholesale interstate electric rates, hydroelectric licensing, and oil pipeline rates. Its predecessor was the Federal Power Commission (FPC). Address: 888 1st Street NE;Washington, DC 20426;(202) 208-0200.

abbr: Federal Energy Regulatory Commission.

Federal Energy Regulatory Commission (US gov. agency).

n: (iCC) a federal agency that until 1977 had jurisdiction over oil pipelines engaged in interstate commerce. See Federal Energy Regulatory Commission.

n pi: under Federal Energy Regulatory Commission Order No. 500, credits provided to a transporting pipeline by the producer of the natural gas that the pipe- line can apply against any take-or .pay or take- and-pay obligations the pipeline might have to that producer under certain qualifying gas purchase contracts existing on June 23, 1987. Take-or-pay credits may only be received by a pipeline from a producer whose gas it transports and from whom the pipeline has received an offer of credits" pursuant to Order No. 500. The many and complicated rules about takeor- pay credits are set out in detail in Order No. 500.