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Bay’s Resignation Could Have Significant Impact
Bay’s Resignation Could Have Significant Impact
Jan 30, 2017
by Margarita Fournier; Copyright 2016 by Competitive Assets, LLC. All rights reserved
On 1/27/17, FuelFix looked in greater detail about the possible consequences of former FERC Chairman Norman Bay’s resignation. One would be bringing “federal decisions on multi-billion-dollar natural gas pipelines to a halt.” “Among the pipelines waiting for approval are: Energy Transfer Partners LP’s Rover project; the PennEast shale line being built by a group of companies including UGI Corp. and Spectra Energy Corp.; and the Atlantic Sunrise system by Williams Partners LP. Spectra Energy’s Nexus system and National Fuel Gas Co.’s Northern Access expansion may also be affected. ‘Basically, if they don’t have a certificate by Feb. 3, they don’t get to start construction in the fall,’ Christi Tezak, managing director of Washington-based industry consultant ClearView Energy Partners, said in a phone interview.” The article notes the way FERC vacancies are filled, and concludes that the minimum delay would be 60 days
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