Page:United States Statutes at Large Volume 92 Part 3.djvu/749

 PUBLIC LAW 95-621—NOV. 9, 1978

92 STAT. 3381

(c) AUTHORITY W I T H RESPECT TO INCREMENTAL PRICING OF NATURAL GAS OR JUNG IMPORTS.—

(1) L N G IMPORTS.—Subsection (a)(2) and (3) shall not apply with respect to any liquefied n a t u r a l gas imports if, in connection with the g r a n t i n g of any authority under the Natural Gas Act 15 USC 717w. to import such liquefied n a t u r a l gas, the Secretary of the Department of Energy or the Commission, in accordance with the assignment of functions under the Department of Energy Organization Act, determines that the provisions of section 203(a)(4) 42 USC 7101 shall apply with respect to such liquefied natural gas imports. "ote. (2) NATURAL GAS IMPORTS (OTHER THAN L N G). — The provisions

of section 203(a)(5) shall apply to the passthrough of the first sale acquisition costs of volumes of natural gas (other than liquefied n a t u r a l gas) imported into the United States which exceed the volume of natural gas imported into the United States by the interstate pipeline involved during any corresponding period (determined appropriate by the Commission) of calendar year 1977 if, in connection with the g r a n t i n g of any authority under the N a t u r a l Gas Act to import such natural gas, the Secretary of the Department of Energy or the Commission, in accordance with the assignment of functions under the Department of Energy Organization Act, determines that the provisions of section 2 0 3 (a)(5) shall apply with respect to such natural gas imports. SEC. 208. ALASKA NATURAL GAS. I n the case of natural gas produced from the P r u d h o e Bay U n i t of Alaska and transported through the natural gas transportation system approved under the Alaska Natural Gas Transportation Act of 1976^— (1) any portion of the first sale acquisition cost of such natural gas incurred by any interstate pipeline which is not required to be mcrementally priced under this title, and (2) any amount incurred by any interstate pipeline, for transportation of such natural gas after delivery of such natural gas to such system, shall be allocated to the rates and charges of such interstate pipeline in accordance with the general principles applicable on the date of the enactment of this Act for establishing rates in connection with the issuing of certificates under the N a t u r a l Gas Act for interstate pipelines.

., 15 USC 717w. 42 USC 7101 ""t^-

15 USC 3348. 15 USC 719 "ote.

15 USC 717w.

TITLE III—ADDITIONAL AUTHORITIES AND REQUIREMENTS Subtitle A—Emergency Authority SEC. 301. DECLARATION OF EMERGENCY. (a) PRESIDENTIAL DECLARATION.—The President may declare a nat-

ural gas supply emergency (or extend a previously declared emergency) if he finds that— (1) a severe n a t u r a l gas shortage, endangering the supply of n a t u r a l gas for high-priority uses, exists or is imminent in the United States or in any region thereof; and (2) the exercise of authorities under section 302 or section 303 is reasonably necessary, having exhausted other alternatives to the maximum extent practicable, to assist in meeting natural gas requirements for such high-priority uses.

15 USC 3361.

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