FERC Proposes Guidance on Oil Pipeline Carrier Contracts with Affiliates
By EsqSocial Corporation 29/10/20
On October 15, 2020, FERC issued a notice of proposed policy statement (“Proposed Policy Statement”) with proposed guidance for oil pipeline carriers to demonstrate through tariff filings or declaratory order petitions that the rates and terms in long-term contracts with affiliate shippers (“Affiliate Contracts”) are just, reasonable, and not unduly discriminatory under the Interstate Commerce Act (“ICA”)....
By: Troutman Pepper