what does ferc stand for
NASDAQ: NRGY) announced today that its regulated subsidiary Central New York Oil And Gas Company, LLC (CNYOG) has been granted its Section 7(c) Application for Certificate of Public Convenience and Necessity by the Federal Energy Regulatory Commission (FERC) for the expansion of the Stagecoach natural gas storage facility.
Installed would be automated valves to shut off the flow of gas in the case of an emergency. The meeting held Monday was one of 10 scheduled throughout Michigan and Ohio in counties that would be impacted by the pipeline for comments to be taken by FERC before they complete their environmental impact study. Comments can be made at FERCâs website at www.ferc.gov until December 18.