For table see Preliminary Ranking of Top North American Gas Marketers By 1997 Sales Volumes (Bcf/d) Too many marketers? Perish the thought! But that’s what one industry analyst maintains. So many players scrambling after ever-shrinking margins makes for tough competition, especially for the little guys, says PaineWebber gas group analyst Ron Barone. “I believe there’s…
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NGI The Weekly Gas Market Report
Customer Satisfaction Becoming Higher Priority for Marketers
Natural Gas Producer Purchaser Satisfaction Index 1997 Competition and the quest for greater volume may be what drive the gas marketing business, but a new survey of producer customers actually shows many marketers haven’t lost interest in attributes such as performance, dependability and service with a smile. The 1997 index (second edition) of Natural Gas…
NGI The Weekly Gas Market Report
Pennsylvania Closes in on Customer Choice Legislation
Customer choice for all Pennsylvania natural gas customers could become an option within the next few months, and the law that emerges from the months of statehouse wrangling could add direction to unbundling activities in other states.
NGI The Weekly Gas Market Report
Industry Puzzling Out Tighter Supply Picture
The talk of a Gulf of Mexico gas boom seems to have subsided inrecent weeks, replaced by more reserved comments about reservedepletion, flat production and growing market demand. Some arewondering out loud about the industry’s ability to keep up whileweak oil prices and high rig costs may prompt some to attenuateGulf spending plans. Some majors, such as Amoco, are askingequipment and services suppliers to cut their rates in light ofweak oil prices lest high costs temper Gulf activity.
NGI The Weekly Gas Market Report
Quarterman Seeks Better Relationship with Producers
MMS Director Cynthia Quarterman laid an olive branch at the feetof Natural Gas Supply Association members at the group’s executiveconference last week in Houston. Quarterman’s remarks appearedintended to assuage hard feelings over production valuation andspecifically royalty in-kind.
NGI The Weekly Gas Market Report
Judge Rules Against Producers in Royalty Case
In a “Freddie Krueger-style” wipeout, a federal district courton Feb. 13th dealt a crippling blow to a major producer group andtwo producers when it denied their motions dealing with royaltytreatment of take-or-pay settlement payments.
NGI The Weekly Gas Market Report
TVA Eyes Gas Brokering for Power Distributors
Knoxville-based Tennessee Valley Authority, the nation’s largestpower generator, has crafted a plan to manage gas supply purchasingof 4.5 Bcf/year on behalf of a number of its power distributorcustomers. Currently, TVA supplies 159 distributors in aseven-state area, but only about 28% – a total of 44 – also haveneed for natural gas supplies. Those distributors are the onessupplying end-users with gas.
NGI The Weekly Gas Market Report
Central Maine, NYSEandG Form Gas Distribution Alliance in Maine
Central Maine Power and New York State Electric and Gas haveformed a joint venture, called CMP Natural Gas, to provide newlocal gas distribution service to communities in Maine. The newdistribution grid would become one of the largest infrastructureprojects in the state in more than four decades.
NGI The Weekly Gas Market Report
Avista Grows through Alliances, Partnerships
Avista Energy will be shopping this year for gas storage in theMidwest and Northeast, and for electric generation and transmissioncapacity in the Pacific Northwest as part of an effort to bolsterits gas and power marketing portfolio, Avista President LloydMeyers said last week. “These will be necessary tools as westrengthen our competitive edge in an energy landscape thatcontinues to evolve.”
NGI The Weekly Gas Market Report
Calpine Eyes Dow Power Plant, Gas Line
Despite a 150% increase in its gas-fired power portfolio lastyear, San Jose-based Calpine Corp. proved last week its buyingspree isn’t letting up. The company has entered into exclusivenegotiations to acquire Dow Chemical’s 70 MW natural gas-firedpower plant and a natural gas pipeline system located adjacent toDow’s chemical plant in Pittsburg, CA. The pipeline delivers gas tothe plant directly from Sacramento basin fields. Calpine sees thesite as a perfect location to add more generation capacity andcontinue to grow its position in the deregulating Californiaelectricity and gas marketplace.