Ameren Corp. subsidiaries have signed long-term contracts for more than 640 MMcf/d of transportation and 16 Bcf of storage capacity with Panhandle Eastern Pipe Line Co. and Trunkline Gas Co.
The Panhandle Energy pipelines connect with all four of Ameren’s gas utilities and a substantial portion of its gas-fired power generation facilities. The Ameren subsidiaries signing contracts, effective April 1 and extending up to 2015, are AmerenCILCO, AmerenCIPS, AmerenIP, AmerenUE and AmerenEnergy Generating Co. The new agreements allow St. Louis-based Ameren to move gas among its individual assets to where it is most needed.
“We are pleased with the results of our negotiations with Panhandle Eastern, especially their understanding of our new capacity requirements driven by Ameren’s recent acquisition of two major gas utilities and the growth of our gas-fired generation fleet,” said Scott Glaeser, Ameren vice president of gas supply and system control. “The new capacity agreements will allow us to operate our systems with greater flexibility at competitive rates along with diversified access to production basins and LNG facilities.”
Ameren serves more than 2.4 million electric customers and nearly 1 million natural gas customers in Illinois and Missouri.
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