[Federal Register Volume 68, Number 112 (Wednesday, June 11, 2003)]
[Rules and Regulations]
[Page 34795]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-14561]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Part 201

[Docket No. RM02-7-000; Order No. 631]


Accounting, Financial Reporting, and Rate Filing Requirements for 
Asset Retirement Obligations; Notice of Correction

June 3, 2003.
AGENCY: Federal Energy Regulatory Commission, DOE.

ACTION: Final rule; correction.

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SUMMARY: The Federal Energy Regulatory Commission published in the 
Federal Register of April 21, 2003, a final rule amending its 
accounting and reporting requirements for asset retirement obligations. 
Inadvertently, account 364.9, asset retirement costs for base load 
liquefied natural gas terminaling and processing plant, and related 
instruction was not included in the Gas Plant Accounts in the natural 
gas companies' Uniform System of Accounts. This correction includes the 
account in the Uniform System of Accounts.

DATES: Effective on June 11, 2003.

FOR FURTHER INFORMATION CONTACT: Mark Klose (Project Manager), Office 
of the Executive Director, Federal Energy Regulatory Commission, 888 
First Street, NE., Washington, DC 20426, (202) 502-8283.

SUPPLEMENTARY INFORMATION: The Federal Energy Regulatory Commission 
published in the Federal Register of April 21, 2003, (68 FR 19610) a 
final rule amending its accounting and financial reporting requirements 
for asset retirement obligations. Inadvertently, Gas Plant Account 
364.9 (Asset retirement costs for base load liquefied natural gas 
terminaling and processing plant) and the instruction related to this 
account were not incorporated into the Uniform System of Accounts for 
natural gas companies in part 201 of the Commission's regulations. To 
address this omission, the Commission will publish in the Federal 
Register the following correction to the final rule document that was 
published in the Federal Register at 68 FR 19610, on April 21, 2003.

0
In rule FR Doc. 03-9260 published on April 21, 2003 (68 FR 19610) make 
the following correction.

0
On page 19624, in the second column, account 364.9 is added to part 201 
in Gas Plant Accounts following account 363.6 to read as follows:
    Gas Plant Accounts
* * * * *
    364.9 Asset retirement costs for base load liquefied natural gas 
terminaling and processing plant.
    This account shall include asset retirement costs on plant included 
in the base load liquefied natural gas terminaling and processing plant 
function.
* * * * *

Magalie R. Salas,
Secretary.
[FR Doc. 03-14561 Filed 6-10-03; 8:45 am]
BILLING CODE 6717-01-P