[Federal Register Volume 63, Number 157 (Friday, August 14, 1998)]
[Notices]
[Page 43696]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21847]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-3526-000]


Shamrock Trading, LLC; Notice of Issuance of Order

August 10, 1998.
    Shamrock Trading LLC (Shamrock) submitted for filing a rate 
schedule under which Shamrock will engage in wholesale electric power 
and energy transactions as a marketer. Shamrock also requested waiver 
of various Commission regulations. In particular, Shamrock requested 
that the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liability by 
Shamrock.
    On August 7, 1998, pursuant to delegated authority, the Director, 
Division of Rate 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 Shamrock 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, Shamrock 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 Shamrock'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 September 8, 1998. Copies 
of the full text of the order are available from the Commission's 
Public Reference Branch, 888 First Street, NE., Washington, DC 20426.
David P. Boergers,
Secretary.
[FR Doc. 98-21847 Filed 8-13-98; 8:45 am]
BILLING CODE 6717-01-M