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 storage.
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
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