AUSTIN, Texas--(BUSINESS WIRE)--On March 15, 2018, the Federal Energy Regulatory Commission (“FERC”) announced that it will no longer allow interstate pipelines owned by master limited partnerships to recover an income tax allowance in the cost of service. In response to this announcement, USA Compression Partners, LP (NYSE:USAC) confirms that it does not currently provide services pursuant to FERC jurisdictional cost of service-based rates or own any interstate pipelines, and as such, USAC does not expect to be adversely impacted by the announcement from the FERC.
About USA Compression Partners, LP
USA Compression Partners, LP is a growth-oriented Delaware limited partnership that is one of the nation’s largest independent providers of compression services in terms of total compression unit horsepower. The Partnership partners with a broad customer base composed of producers, processors, gatherers and transporters of natural gas and crude oil. The Partnership focuses on providing compression services to infrastructure applications primarily in high volume gathering systems, processing facilities and transportation applications. More information is available at usacompression.com.