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Natural Gas Quality & Interchangeability Docket No. PLO4-3. Jay Ellzey, Director Production Services & Regulatory Affairs Chevron Natural Gas May 17, 2005 Technical Conference. Discussion Points. Obstacle Recommendation Practical application Policy Objective Public Interest.

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natural gas quality interchangeability docket no plo4 3

Natural Gas Quality & InterchangeabilityDocket No. PLO4-3

Jay Ellzey, Director

Production Services & Regulatory Affairs

Chevron Natural Gas

May 17, 2005 Technical Conference

discussion points
Discussion Points
  • Obstacle
  • Recommendation
  • Practical application
  • Policy Objective
  • Public Interest
obstacle regulatory uncertainty
Obstacle: Regulatory Uncertainty
  • Wasted Energy Capital Investment
  • Unnecessary Supply Loss Risk
  • Inefficient Supply Response

World Consumption = 251 Bcfd

FSU – 35%

1953 Tcf

North America – 5%

256 Tcf

Europe – 4%

203 Tcf

Middle East – 36%

1980 Tcf

Africa – 8%

418 Tcf

Africa3%

Middle East8%

Asia Pacific – 8%

445 Tcf

North America29%

South America – 5%

250 Tcf

Asia Pacific

12%

FSU24%

South America 4%

Europe 20%

Resources (Tcf)

Source: U.S. DOE – EIA (2003 figures)

recommendation
Recommendation
  • Grant the Petition for Rulemaking Filed Yesterday
  • Adopt Nationwide Gas Quality and Interchangeability Regulatory Specifications
    • CHDP 15 Degrees Fahrenheit Minimum
    • 1400 Wobbe Index
    • 4% Maximum Inert
    • 1.5% Maximum Butanes Plus
  • Create Non-Discriminatory “Safe Harbor” Tariff Mechanism Maximizing Supply
practical application
Practical Application
  • Adopt Nationwide Specification for Certainty
  • Require Tariff Safe Harbor Concept for Supply Flexibility
  • Require Tariff Language Establishing the Use of Aggregation, Blending and Pairing on a Non-Discriminatory Basis
  • Maintain Tariff OFO as Safety Mechanism
  • Use Economic Analysis to Determine Appropriate Remedial Action on As-Needed Basis
  • Ensure Availability of Natural Gas Quality Data
policy objective
Policy Objective
  • Maintain Infrastructure Safety and Integrity
  • Continue Supply Flexibility
  • Increase Regulatory Certainty
  • Position U.S. to Safely Access New Domestic and Imported Supplies
  • Develop Flexible and Various Supply
  • Deploy Energy Capital Efficiently
  • Avoid Distorted Market Signals for Processors
conclusion satisfy public interest with workable regulatory solution
Maximize SupplyRegulatory Certainty National Specifications Tariff Safe Harbor Economical Remedial Action

Safety OFO Mechanism

Conclusion: Satisfy Public Interest With Workable Regulatory Solution
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