UGI Corp.’s UGI LNG Inc. subsidiary is holding a nonbinding open season through Feb. 25 for the proposed expansion of its Temple LNG (liquefied natural gas) peaking facility near Reading, PA. The expansion would involve adding a 1 Bcf LNG storage tank and increased deliverability of 150 MMcf/d to provide on-peak supplies for the Mid-Atlantic and Northeast markets. The expansion would connect directly to the Texas Eastern Transmission system and would be in service no later than 2012. The existing 0.25 Bcf Temple facility has operated since 1972. Any party interested in contracting for service must submit a bid by 5 p.m. EST on Feb. 25. For information and a bid package, contact Matt Dutzman at (610) 568-1362 or

CME Group Inc. announced the dual listing of Henry Hub natural gas financial last day options, scheduled to begin trading on Feb. 22. These contracts are listed with and subject to the rules and regulations of the New York Mercantile Exchange Inc. The products will trade on CME ClearPort and the New York trading floor. The new contract (commodity code: E7) will be a European style option that is 10,000 MMBtu in size with a minimum price fluctuation of $0.0001/MMBtu. It will begin trading with the March 2009 contract and will be listed for the balance of the current year, plus consecutive months for the next five years through 2014.

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