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Article: REGULATORY COMMISSION OF ALASKA, FEDERAL ENERGY REGULATORY COMMISSION HOLD CONCURRENT HEARINGS ON METHOD FOR COMPENSATING SHIPPERS ON TRANS ALASKA PIPELINE SYSTEM

Article from:
US Fed News Service, Including US State News
Article date:
July 17, 2007
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The Alaska Regulatory Commission issued the following press release:

The Regulatory Commission of Alaska (RCA) and Federal Energy Regulatory Commission (FERC) are holding concurrent hearings pertaining to the appropriate revised processing cost adjustment to the Heavy Distillate component of the Trans Alaska Pipeline System (TAPS) Quality Bank. The TAPS Quality Bank is a methodology established for making monetary adjustments among shippers to account for the difference between the quality of the petroleum shippers tender and the quality of the commingled petroleum they receive.

The TAPS Quality Bank methodology begins by distilling each of the relevant petroleum streams into specified ...

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