Section 460.868. Approval for pipe line project.

(1) Every transmitter  shall   file  with  the   commission  an application (see form 19A, appendix A), setting forth the necessity and practicability of such proposed transmission line or lines; and the commission shall, if its study of the proposed project shows that such line or lines will, when constructed and  in operation, serve the convenience and necessities of the public, grant said  application; and no construction shall begin prior to the granting of the application and the approval of the map, route and type of construction by the  said commission; provided that this rule shall not apply to the laying of pipe lines used exclusively for transporting or transmitting  gas   for  drilling purposes.

(2)   The transmitter shall, as a part of the application, submit to the commission a map or plat of the proposed line  or  lines,  showing  the dimensions and character of such line or lines,  its  compressor  stations, control valves and connections; an estimate of the cost of the project; an estimate of the proven reserves of gas available for transportation through the proposed line; and an estimate of the anticipated revenue, operating expenses and earnings of the project for a 5-year period.

(3)   The transmitter's application shall, among other things, state (a) when said transmitter is a common purchaser the price to be paid producers for the gas and the price at which gas will be sold to distributors; (b) when said transmitter is a common carrier, the rates and fee which it will charge for the service to be performed by it. Certified copies of  all executed or proposed contracts with producers  or  distributors shall be filed with the application, together with such additional information as the commission may require.

History: 1979 AC.