Hansen Chosen Leader Of New Gas Committee
Christine Hansen, Interstate Oil and Gas Compact Commission
(IOGCC) executive director since 1993, was named to the new
Committee on Natural Gas for the National Petroleum Council (NPC).
The committee, formed at the request of U.S. Secretary of Energy
Bill Richardson, has been charged with a reassessment of its 1992
study "Potential of Natural Gas in the United States," and will
report back to Richardson by mid-1999. The study will focus on the
capability of the industry to meet growing gas demands and also
will compare the 1992-98 actual supply-demand with projections made
in the 1992 study.
The earlier study concluded that abundant domestic gas supply
existed and could be produced at prices that would allow both
expansions of the market and continued development of the
resources. The study recommended the government allow competitive
market forces to continue to develop.
The new study will be undertaken in two steps. In the first
step, a qualitative description of the market's evolution and an
evaluation of the 1992 findings and recommendations will be
undertaken. The second step will be to address the future through
2015 or 2020 with an analysis of various demand scenarios.
The analysis of supply potentials will address a variety of key
issues including access to resources, import potential, impact of
technology, decline rates and capital, manpower and equipment
needs. Supply potential will then be compared to demand to
determine potential bottlenecks in the distribution system. This
analysis will include the identification of infrastructure
requirements, right of way and other regulatory issues, and gas
Peter I. Bijur, Texaco CEO, will chair the committee. H.
Leighton Steward, Burlington Resources vice chairman, will be the
committee's vice chairman for the supply issue. William A. Wise, El
Paso Energy CEO, will serve as the committee's vice chairman for
the distribution issue.
Joe Fisher, Houston
©Copyright 1998 Intelligence Press, Inc. All rights
reserved. The preceding news report may not be republished or
redistributed in whole or in part without prior written consent of
Intelligence Press, Inc.