The AES Corp., headquartered in Arlington, VA, has begun construction on a $340 million electric power plant and liquefied natural gas importing facility in the Dominican Republic. The AES Andres plant will be located outside of Santo Domingo, and will consist of a 300 MW gas-fired combined cycle plant and LNG importing terminal. The plant, which will take about two years to build, will be powered by a 501F gas turbine from Mitsubishi Heavy Industries. BP Amoco will supply LNG under a 20-year fuel supply agreement, and Chicago Bridge & Iron will construct the LNG facility. AES already has a substantial presence in the Dominican Republic, owning 100% interest in a 210 MW simple cycle electric power station and a 50% interest in an electric distribution company, EDE Este there. EDE serves more than two million customers in the eastern region.
Kerr-McGee Oil & Gas Corp., headquartered in Houston, has a new organizational structure to focus on its four key business areas: worldwide deepwater exploration and production, domestic/international exploration and production, business services and legal services. The new structure is expected to enhance the value of the company's oil and gas assets, allowing it to capitalize on its exploration and production strengths, said Luke R. Corbett, CEO. Kenneth W. Crouch, senior vice president of oil and gas, will lead the four teams, made up of Dave Hager, vice president, worldwide deepwater exploration and production; Jim Kleckner, vice president, domestic/international exploration and production; Jeff Lund, vice president, exploration and production business services; and Bill Layton, vice president, exploration and production legal services.
Columbia Gas of Ohio estimates the monthly bill for its average residential customer using 10,000 cubic feet of gas will be about $101.00, or about $27 more than last winter. Columbia urged customers to investigate ways they can reduce the impact of higher natural gas prices on their winter heating bills. Among the company's suggestions: Consider enrolling in Columbia's Customer CHOICE(SM) program, which offers customers the potential for savings through shopping for natural gas among a variety of suppliers. Participating customers have saved $75 million on their gas costs since the program began in 1997. Consider joining Columbia's Budget Payment Plan program, which spreads winter heating costs over the entire year. Explore energy conservation measures. Columbia is the largest gas utility in the state, serving nearly 1.3 million customers.
PG&E Corp. announced that its National Energy Group will develop its first Nevada project, a 1,000 MW natural gas-fired generating plant to be located 45 miles northeast of Las Vegas. The merchant plant's main purpose is to supply Nevada, but when it is not needed there, it will add much-needed supply to the western energy market. The group hopes to begin construction during the fourth quarter of 2001, with completion expected in early 2004. "Southern Nevada has one of the most rapidly growing economies in the country," said Thomas B. King, president of PG&E NEG, West Region. "Because of its location near Las Vegas, the Meadow Valley project will be ideally positioned to efficiently serve that demand growth." Including the Nevada project, PG&E National Energy Group has a total of 4,000 MW in development or construction in California, Oregon, Nevada and Arizona.
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