FERC Stands by Condition on Energy Transfer Unit Pipeline Sale

The Federal Energy Regulatory Commission defended its decision to condition its approval for an Energy Tranfer unit that transports natural gas to abandon its pipeline by selling it to an affiliate.

The order is needed “to ensure that abandonment would not adversely affect” the interests of customers that require transportation services for their natural gas production, the agency told the US Court of Appeals for the D.C. Circuit on March 29.

Stingray Pipeline Co. LLC—an indirect wholly-owned subsidiary of Energy Transfer LP—had planned to sell its pipeline system before Hurricane Delta damaged a portion, which the company said ...