INGAA comments on FERC proposed policy statement on cost recovery mechanisms for modernization of natural gas facilities

INGAA appreciates FERC’s flexible approach towards recovery of prudently incurred costs associated with modernizing pipeline infrastructure and complying with governmental regulations requiring the inspection, maintenance and replacement of certain pipeline facilities. The potential to utilize a tracker mechanism to recover such costs, within the proper framework established by the Commission, will be a valuable tool available to pipeline companies to achieve timely cost recovery of very significant investments in the nation’s interstate natural gas pipeline network.

The importance of the Commission’s Proposed Policy Statement is signaled by the White House’s recent initiative to reduce methane emissions from the oil and gas sector.

To read more, please see the attached PDF document.