[Federal Register Volume 69, Number 39 (Friday, February 27, 2004)]
[Unknown Section]
[Pages 9205-9206]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-4324]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

18 CFR Part 157

[Docket No. RM81-19-000]


Natural Gas Pipelines; Project Cost and Annual Limits

February 5, 2004.
AGENCY: Federal Energy Regulatory Commission.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: Pursuant to the authority delegated by 18 CFR 375.308(x)(1), 
the Director of the Office of Energy Projects (OEP) computes and 
publishes the project cost and annual limits for natural gas pipelines 
blanket construction certificates for each calendar year.

EFFECTIVE DATE: January 1, 2004.

FOR FURTHER INFORMATION CONTACT: Michael J. McGehee, Chief, 
Certificates Branch 1, Division of Pipeline Certificates, (202) 502-
8962.
    Section 157.208(d) of the Commission's Regulations provides for 
project cost limits applicable to construction, acquisition, operation 
and miscellaneous rearrangement of facilities (Table I) authorized 
under the blanket certificate procedure (Order No. 234, 19 FERC ] 
61,216). Section 157.215(a) specifies the calendar year dollar limit 
which may be expended on underground storage testing and development 
(Table II) authorized under the blanket certificate. Section 157.208(d) 
requires that the ``limits specified in Tables I and II shall be 
adjusted each calendar year to reflect the `GDP implicit price 
deflator' published by the Department of Commerce for the previous 
calendar year.''
    Pursuant to Sec.  375.308(x)(1) of the Commission's Regulations, 
the authority for the publication of such cost limits, as adjusted for 
inflation, is delegated to

[[Page 9206]]

the Director of the Office of Energy Projects. The cost limits for 
calendar year 2004, as published in Table I of Sec.  157.208(d) and 
Table II of Sec.  157.215(a), are hereby issued.

List of Subjects in 18 CFR Part 157

    Administrative practice and procedure, Natural Gas, Reporting and 
recordkeeping requirements.

J. Mark Robinson,
Director, Office of Energy Projects.

0
Accordingly, 18 CFR part 157 is amended as follows:

PART 157--[AMENDED]

0
1. The authority citation for part 157 continues to read as follows:

    Authority: 15 U.S.C. 717-717w, 3301-3432; 42 U.S.C. 7101-7352.


0
2. Table I in Sec.  157.208(d) is revised to read as follows:


Sec.  157.208  Construction, acquisition, operation, replacement, and 
miscellaneous rearrangement of facilities.

* * * * *
    (d) * * *

                                 Table I
------------------------------------------------------------------------
                                                          Limit
                                               -------------------------
                                                                Prior
                     Year                       Auto. proj.     notice
                                                 cost limit   proj. cost
                                                  (Col.1)       limit
                                                               (Col.2)
------------------------------------------------------------------------
1982..........................................   $4,200,000  $12,000,000
1983..........................................    4,500,000   12,800,000
1984..........................................    4,700,000   13,300,000
1985..........................................    4,900,000   13,800,000
1986..........................................    5,100,000   14,300,000
1987..........................................    5,200,000   14,700,000
1988..........................................    5,400,000   15,100,000
1989..........................................    5,600,000   15,600,000
1990..........................................    5,800,000   16,000,000
1991..........................................    6,000,000   16,700,000
1992..........................................    6,200,000   17,300,000
1993..........................................    6,400,000   17,700,000
1994..........................................    6,600,000   18,100,000
1995..........................................    6,700,000   18,400,000
1996..........................................    6,900,000   18,800,000
1997..........................................    7,000,000   19,200,000
1998..........................................    7,100,000   19,600,000
1999..........................................    7,200,000   19,800,000
2000..........................................    7,300,000   20,200,000
2001..........................................    7,400,000   20,600,000
2002..........................................    7,500,000   21,000,000
2003..........................................    7,600,000   21,200,000
2004..........................................    7,800,000   21,600,000
------------------------------------------------------------------------

* * * * *

0
3. Table II in Sec.  157.215(a) is revised to read as follows:


157.215  Underground storage testing and development.

    (a) * * *
    (5) * * *

                                Table II
------------------------------------------------------------------------
                            Year                                Limit
------------------------------------------------------------------------
1982.......................................................    2,700,000
1983.......................................................    2,900,000
1984.......................................................    3,000,000
1985.......................................................    3,100,000
1986.......................................................    3,200,000
1987.......................................................    3,300,000
1988.......................................................    3,400,000
1989.......................................................    3,500,000
1990.......................................................    3,600,000
1991.......................................................    3,800,000
1992.......................................................    3,900,000
1993.......................................................    4,000,000
1994.......................................................    4,100,000
1995.......................................................    4,200,000
1996.......................................................    4,300,000
1997.......................................................    4,400,000
1998.......................................................    4,500,000
1999.......................................................    4,550,000
2000.......................................................    4,650,000
2001.......................................................    4,750,000
2002.......................................................    4,850,000
2003.......................................................    4,900,000
2004.......................................................    5,000,000
------------------------------------------------------------------------

* * * * *
[FR Doc. 04-4324 Filed 2-26-04; 8:45 am]
BILLING CODE 6717-01-P