Sempra Energy Trading announced it has relocated its corporate
headquarters to Stamford, CT, from Greenwich. The energy marketer
signed a 10-year-lease on a 35,000 square-foot renovated warehouse
in Commerce Park. The new space is nearly double the size of
Sempra's former offices and features a 15,000-square-foot trading
floor. "It is large enough to accommodate our future growth plans,"
said David Messer, president of Sempra Energy Trading. The
warehouse space was transformed easily into a trading floor due to
its high ceilings, open space and heavy power supply, he added. The
renovations included the addition of a new trading floor, offices,
conference rooms, cafeteria and library. Currently, the new
headquarters houses 153 employees. Formerly known as AIG Trading,
Sempra Energy Trading adopted its current name when it was jointly
acquired by Sempra Energy (formed by the merger of Enova Corp. and
Pacific Enterprises) in August 1997.
Effective yesterday, Nova Gas Transmission system tolerance
changed to 0/-20% due to a high pressure situation in the North and
over-pressuring in the East and current pack rate.
TransCanada said a curtailment-causing Empress Border
restriction on Nova Gas Transmission continues for today's gas day
and could be in effect tomorrow, too. "Really, it's just a
day-to-day thing," a spokesman said. The restriction is due to the
planned Princess outage.
Nova said based on forecasts from connecting pipelines, today's
East Gate Firm Service will be restricted to 91.9%.
Florida Gas Transmission said it is continuing to receive poor
quality gas in zones 1, 2, and 3. The gas contains high
concentration of hexane and heavier components which are causing
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