Conceding defeat to the courts, the Federal Energy Regulatory Commission voted last Wednesday to eliminate the contract term limit for incumbent pipeline shippers who exercise their rights of first refusal (ROFR) to retain transportation capacity under contracts that are due to expire shortly. The decision was a blow to existing pipeline shippers, who believed FERC’s requirement of a five-year term matching cap under ROFR thwarted potential abuses.
Removes
Articles from Removes
Mexico Removes Duty on Gas Imports
Mexico last Monday lifted its 4% tariff on natural gas importedfrom the United States, the Energy Ministry announced. This clearsthe way for expanded gas sales by U.S. companies into thefast-growing markets in northern Mexico.
August 23, 1999