Summary of FERC Meeting Agenda - May 2012

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Below are brief summaries of the agenda items for the Federal Energy Regulatory Commission’s May 17, 2012 meeting, pursuant to the agenda as issued on May 10, 2012. Agenda items E-2, E-6, E-11, H-2 and H-4 have not been summarized as they were omitted from the agenda.

In This Issue:

- Administrative Items

- Electric Items

- Hydro Items

- Certificate Items

Excerpt from Certificate Items

Certificate Items C-1: Natural Gas Pipeline Company of America LLC (Docket No. CP11-547-000)

On September 20, 2011, Natural Gas Pipeline Company of America LLC (NGPCA) filed an abbreviated application under sections 7(b) and 7(c) of the Natural Gas Act (NGA) for a Certificate of Convenience and Necessity to construct and operate certain facilities and to abandon certain other facilities in Iowa and Illinois in what it calls the “2012 NGPL Storage Optimization Project.” The Project includes plans to replace aging compressor units with new equipment and contemporaneously improve and optimize NGPCA’s market area storage withdrawal and injection capabilities as well as its system flexibility and reliability. Specifically, NGPCA proposes to construct and operate a new compressor unit at its existing Compressor Station No. 205 near Keota in Washington County, Iowa (CS 205), increase the certificated peak day flow at full inventory of its Keota St. Peter Reservoir in Washington County, Iowa, and increase CS 205 station meter capacity.

Please see full update below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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