FERC Quietly Renews Natural Gas Reporting Paperwork
Published Date: 5/22/2026
Notice
Summary
FERC is extending its current paperwork rules for natural gas transactions for another three years with no changes. This affects companies involved in certain gas deals, but there’s no new cost or extra work. If you want to share your thoughts, you’ve got until June 22, 2026, to speak up!
Analyzed Economic Effects
5 provisions identified: 0 benefits, 5 costs, 0 mixed.
Three‑Year Extension of FERC‑549
FERC is extending the FERC-549 information collection (NGPA Section 311 and NGA blanket certificate transactions) for three years with no proposed changes. The Commission is accepting comments on this extension until June 22, 2026 (Docket No. IC26-17-000).
Quantified Annual Compliance Costs
FERC estimates the FERC-549 collection imposes a total annual burden of 7,976 hours and $800,767 across 245 respondents and 306 responses. The table in the notice breaks costs down by activity (for example, transportation filings total 6,100 hours and $622,200).
Market‑Based Rate Application and Notice Rules
Applicants seeking market-based rates for storage under 18 CFR 284.501–.505 must include detailed Statements A–I (geographic/product market, facilities, alternatives, maps, HHI calculations, prepared testimony, etc.). Storage providers authorized to charge market-based rates must notify FERC within 10 days of learning of significant changes in market-power circumstances. FERC estimates initial market-based-rate filings average 350 hours ($35,700) and change-in-circumstances filings average 75 hours ($7,650).
Certification and 30‑Day Filing for Transport Deals
Under 18 CFR 284.102(d) and 284.123(e), interstate pipelines transporting "on behalf of" an intrastate pipeline or LDC must receive a certification letter from the LDC/intrastate pipeline, and intrastate pipelines commencing interstate transportation must file statements (and amend within 30 days of operational or rate elections changes). FERC estimates the transportation-related filings average 50 hours per response and $5,100 per response (61 respondents, 122 responses).
Five‑Year Record Retention Rule
Entities covered by 18 CFR 284.288(b) or 284.403(b) must retain for five years all data and information used to bill prices charged for market-based sales or prices reported for price indices. FERC estimates this record-retention burden at 1 hour and $29.36 per respondent (176 respondents).
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Key Dates
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