FERC on Thursday took steps to make clear that companies can safely report both daily and bidweek natural gas transactions to price reporting agencies (PRA), such as Natural Gas Intelligence.

The Federal Energy Regulatory Commission said the proposals would clarify requirements for those that report prices, addressing long-standing perceptions of regulatory risk.

Specifically, the Commission proposed to allow market participants that report transaction data “to report either or both of their non-index based next-day natural gas transactions and non-index based next-month natural gas transactions” to PRAs.

In addition, FERC proposed amending its regulations to codify the “safe harbor” provision in the Commission’s policy statement on natural gas and electric price...