15 U.S.C. § 3375

Current through P.L. 118-59 (published on www.congress.gov on 05/07/2024)
Section 3375 - Filing of contracts and agreements

The Commission may, by rule or order, require any first sale purchaser of natural gas under a new contract, a successor to an existing contract, or a rollover contract to file with the Commission a copy of such contract, together with all ancillary agreements and any existing contract applicable to such natural gas.

15 U.S.C. § 3375

Pub. L. 95-621, title III, §315, Nov. 9, 1978, 92 Stat. 3393; Pub. L. 100-439, §§1, 2 (1), Sept. 22, 1988, 102 Stat. 1720; Pub. L. 101-60, §3(a)(2), July 26, 1989, 103 Stat. 158.

EDITORIAL NOTES

AMENDMENTS1989- Pub. L. 101-60 in section catchline, substituted "Filing of contracts and agreements" for "Contract duration; filing of contracts and agreements", and in text, struck out subsec. (a) designation, heading "Contract duration", and text relating to power of Commissioner to specify minimum duration of contracts for purchase of natural gas and requiring nondiscriminatory exercise of such authority, and struck out subsec. (b) designation and heading "Filing of contracts and ancillary agreements".1988- Pub. L. 100-439, §2(b)(1), struck out "right of first refusal;" after "Contract duration;" in section catchline.Subsec. (a)(1). Pub. L. 100-439, §1, struck out last sentence which directed that provisions of par. (1) did not apply to contracts of natural gas subject to requirements of par. (3).Subsec. (a)(3). Pub. L. 100-439, §1, struck out par. (3) which related to contracts for purchase of natural gas produced from reservoirs on Outer Continental Shelf.Subsecs. (b), (c). Pub. L. 100-439, §2(a), redesignated subsec. (c) as (b) and struck out former subsec. (b) which related to certain rights of first refusal with respect to certain natural gas committed or dedicated to interstate commerce on November 8, 1978.

Commission
The term "Commission" means the Federal Energy Regulatory Commission.
existing contract
The term "existing contract" means any contract for the first sale of natural gas in effect on November 8, 1978.
natural gas
The term "natural gas" means either natural gas unmixed, or any mixture of natural and artificial gas.
new contract
The term "new contract" means any contract, entered into on or after November 9, 1978, for the first sale of natural gas which was not previously subject to an existing contract.
rollover contract
The term "rollover contract" means any contract, entered into on or after November 9, 1978, for the first sale of natural gas that was previously subject to an existing contract which expired at the end of a fixed term (not including any extension thereof taking effect on or after November 9, 1978) specified by the provisions of such existing contract, as such contract was in effect on November 9, 1978, whether or not there is an identity of parties or terms with those of such existing contract.
sale
The term "sale" means any sale, exchange, or other transfer for value.
successor to an existing contract
The term "successor to an existing contract" means any contract, other than a rollover contract, entered into on or after November 9, 1978, for the first sale of natural gas which was previously subject to an existing contract, whether or not there is an identity of parties or terms with those of such existing contract.