; (ii) any decrease in the value of land due to the interruption or prevention of a use described in clause (i); and (iii) any lost benefit or decrease in the value of a benefit due to the interruption or prevention of a use described in clause (i). (B) Land subject to a conservation easement In determining the just compensation for property acquired by the exercise of the right of eminent domain under paragraph (1), in the case of land subject to a conservation easement, the court with jurisdiction over the proceeding shall consider the lost conservation value of that land. . 5. Appraisals, offers of compensation, and possession Section 7(h) of the Natural Gas Act ( 15 U.S.C. 717f(h) ) (as amended by section 4(b)) is amended by adding at the end the following: (4) Appraisals and offers of compensation (A) Appraisals (i) In general The holder of a certificate of public convenience and necessity shall have the property covered by the certificate independently appraised in accordance with generally accepted appraisal standards. (ii) Requirement The owner of the applicable property (or a designated representative of the owner) shall be given the opportunity to accompany the appraiser during any inspection of the property that is part of an appraisal under clause (i). (iii) Timing An appraisal under clause (i) shall be carried out before the holder of the certificate of public convenience and necessity makes an offer of compensation to the owner of the applicable property. (B) Offers of compensation Any offer of compensation made to an owner of property that is covered by a certificate of public convenience and necessity— (i) shall be made in writing; (ii) may not be for an amount less than the fair market value of the property, as determined by an appraisal carried out under subparagraph (A)