[Federal Register Volume 62, Number 129 (Monday, July 7, 1997)]
[Notices]
[Page 36274]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-17583]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-2413-000]


Fina Energy Services Company; Notice of Issuance of Order

July 1, 1997.
    Fina Energy Services Company (Fina) submitted for filing with the 
Commission a rate schedule under which Fina will engage in wholesale 
electric power and energy transactions as a marketer. Fina also 
requested waiver of various Commission regulations. In particular, Fina 
requested that the Commission grant blanket approval under 18 CFR Part 
34 of all future issuances of securities and assumptions of liability 
by Fina.
    On June 18, 1997, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under Part 34, subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by Fina should file a motion to intervene 
or protest with the Federal Energy Regulatory Commission, 888 First 
Street, NE., Washington, DC 20426, in accordance with Rules 211 and 214 
of the Commission's Rules of Practice and Procedure (18 CFR 385.211 and 
385.214).
    Absent a request for hearing within this period, Fina is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, endorser, surety, or otherwise in respect of any security of 
another person; provided that such issuance or assumption is for some 
lawful object within the corporate purposes of the applicant, and 
compatible with the public interest, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of Fina's issuances of securities or assumptions of 
liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is July 18, 1997. Copies of 
the full text of the order are available from the Commission's Public 
Reference Branch, 888 First Street, NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 97-17583 Filed 7-3-97; 8:45 am]
BILLING CODE 6717-01-M