National Fuel Gas Seeks FERC Approval to Sell Swede Hill Storage Field
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
National Fuel Gas is asking federal energy regulators for permission to sell its Swede Hill natural gas storage field in McKean County, Pennsylvania, to Stirling Holding Company. The sale would include the related facilities and base gas, and National Fuel says no customer service would be ended as part of the deal. The practical issue is whether FERC approves the transfer and abandonment of National Fuel’s regulated role in the field. Companies, customers, local stakeholders, and other interested parties can review the filing in FERC’s eLibrary and intervene or comment by the deadline set in the notice.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- National Fuel Gas requests approval to sell the Swede Hill natural gas storage field to Stirling Holding Company
- The proposed sale includes the field’s facilities and associated base gas
- FERC opens the docket for public review and sets a process for intervention or comments
Obligations
What this law requires
Natural gas companies must obtain FERC authorization under Natural Gas Act section 7(b) and 18 CFR Part 157 before abandoning jurisdictional natural gas storage facilities by sale.