[Federal Register Volume 62, Number 189 (Tuesday, September 30, 1997)] [Notices] [Page 51094] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 97-25819] ----------------------------------------------------------------------- DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. RP97-531-000] Florida Gas Transmission Company; Notice of Filing September 24, 1997. Take notice that on September 19, 1997, Florida Gas Transmission Company (FGT) tendered for filing as part of its FERC Gas Tariff, Third Revised Volume No. 1 the following tariff sheet: Fourth Revised Sheet No. 131 Sixth Revised Sheet No. 132 Second Revised Sheet No. 133 FGT states that it proposes two changes in order to achieve the original purpose of the Cash-Out provisions as contained in Section 14.B of the General Terms and Conditions of FGT's tariff. First, FGT proposes that the Cash-Out indices be modified such that: (1) For imbalances due FGT the Posted Price equal the highest of the monthly average spot prices for Mustang Island (Tivoli), Vermilion Parish or St. Helena Parish, as reported in Natural Gas Week, and (2) for imbalances due the Imbalance Party the Posted Price equal the lowest of the monthly average spot prices for Mustang Island (Tivoli), Vermilion Parish or St. Helena Parish, as reported in Natural Gas Week. FGT believes that these changes may work to achieve a portion of the previous price premium of the St. Helena Parish over the Mustang Island (Tivoli). In addition, FGT proposes that the Imbalance Level Factors for imbalance levels of up to 5% be modified such that: (1) For imbalances due FGT the Imbalance Level Factor be increased from the current 1.00 to 1.05 and (2) for imbalances due the Imbalance Party, the Imbalance Level Factor be decreased from 1.00 to 0.95. FGT believes that modification of the Imbalance Level Factor is required because the differential between the high index and low index may be very small and therefore insufficient to discourage gaming. FGT believes that absent the proposed changes, FGT's Cash-Out provisions no longer provide a disincentive for shippers to swing on FGT's system line pack. Any person desiring to be heard or to protest said filing should file a motion to intervene or protest with the Federal Energy Regulatory Commission, 888 First Street, NE., Washington, DC 20426, in accordance with Sections 385.211 and 385.214 of the Commission's Rules and Regulations. All such motions or protests must be filed as provided by Section 154.210 of the Commission's Rules and Regulations. Protests will be considered by the Commission in determining the appropriate action to be taken, but will not serve to make protestants parties to the proceeding. Any person wishing to become a party must file a motion to intervene. Copies of this filing are on file with the Commission and are available for public inspection in the Public Reference Room. Lois D. Cashell, Secretary. [FR Doc. 97-25819 Filed 9-29-97; 8:45 am] BILLING CODE 6717-01-M