FERC scraps semiannual storage reports seen as duplicative of online reporting

摘要

Natural gas pipeline companies no longer have to file semiannualnstorage reports, a change that will save the industry about $400,000nannually, FERC said last week.n“Anything we can do to reduce costs is a good thing, ultimately,”nChairman Jon Wellinghoff said after the commission’s January 19nregular meeting. “Obviously, we are very concerned about transparencynand ensuring that we have adequate data, but I thought thisnwas one instance where we could reduce the burdens on pipelinesnand ultimately reduce costs for consumers,” he explained.