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Get the free FERC Form No. 552: Annual Report of Natural Gas Transactions

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Este documento establece disposiciones de transparencia en el Acta de Gas Natural, exigiendo a ciertos participantes en el mercado de gas natural que reporten transacciones para facilitar la evaluación
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How to fill out ferc form no 552

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How to fill out FERC Form No. 552: Annual Report of Natural Gas Transactions

01
Obtain the FERC Form No. 552 template from the FERC website.
02
Review the instructions for completing each section of the form.
03
Fill out the company information section including the name, address, and contact details.
04
Provide data on natural gas transactions for the reporting period, including volumes bought and sold.
05
Enter any applicable information about company ownership and the nature of the transactions.
06
Ensure that all numerical values are accurate and properly formatted as required.
07
Review the entire form for completeness and accuracy before submission.
08
Submit the form electronically through the FERC's eFiling system by the specified deadline.

Who needs FERC Form No. 552: Annual Report of Natural Gas Transactions?

01
Natural gas companies that have market participation and are subject to FERC regulations.
02
Entities involved in wholesale purchases or sales of natural gas.
03
Any company that is required to report its natural gas transactions to maintain regulatory compliance.
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FERC Form No. 552 is an annual report required by the Federal Energy Regulatory Commission (FERC) that details natural gas transactions conducted by certain market participants. The form collects information on the buying and selling of natural gas to enhance market transparency and regulatory oversight.
Entities that are required to file FERC Form No. 552 include all natural gas companies and any other entities engaged in the sale of natural gas that meet certain volume thresholds set by FERC. This typically includes producers, marketers, and utilities involved in natural gas transactions.
To fill out FERC Form No. 552, filers must gather data on their natural gas transactions from the previous calendar year. The form includes sections for reporting the volume of natural gas sold, the price received, and details on counterparties. Accurate recording of these transactions is crucial, and filers should follow the instructions provided by FERC, which include definitions and examples to assist in completion.
The purpose of FERC Form No. 552 is to provide information that helps the commission monitor and analyze trading practices in the natural gas market. This report aims to promote transparency, prevent market manipulation, and ensure compliance with applicable regulations.
FERC Form No. 552 requires reporting of various information, including the total volume of natural gas bought and sold, prices associated with transactions, the identities of counterparties, and details regarding the geographic area of each transaction. The form also includes sections for reporting on financial hedges and trading practices.
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