January 26 2000
The new arrangements have also created commercial incentives for Transco to maximize the availability of capacity in the NTS by introducing a more efficient and non-discriminatory method of auctioning available firm entry rights into the NTS. These are now related to actual physical capacity, so removing 'gaming' possibilities.
For further information on this topic please contact Henry Davey at Herbert Smith by telephone (+44 20 7374 8000) or by fax (+44 20 7374 0888) or by e-mail (Henry.Davey@herbertsmith.com).
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