Financial Reporting

“The National Gas Rules (NGR) provide for the use of varying asset valuation techniques in the calculation of prices that reflect the cost of providing that service, including a commercial rate of return that is commensurate with the prevailing conditions in the market for funds and reflects the risks the service provider faces in providing the pipeline service and that are consistent with the objective of facilitating access to pipeline services at prices and on other terms and conditions that, so far as practicable, reflect the outcomes of a workably competitive market.”