FERC Flip-Flops – Approves TGP’s Responsible Gas Pooling Proposal
Shippers (drillers, utility companies, others that buy and sell natural gas) are now free to buy and sell producer certified gas (PCG), or responsibly sourced gas (RSG), at all pooling points across the Tennessee Gas Pipeline (TGP) system. The Federal Energy Regulatory Commission (FERC) approved the TGP pooling plan after previously rejecting the plan. FERC decided the pooling plan is precisely what we said it was--a marketing thing--and not an endorsement by FERC of whether or not the methane flowing with that designation meets certain environmental criteria.
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