Although a news service reported that a rupture in Indiana on the Panhandle Eastern natural gas pipeline was a factor in lifting natural gas futures values Wednesday morning, the pipeline said it was able to keep shipper nominations whole.

Panhandle said it experienced a line break late Tuesday afternoon on Line 200 downstream of the Montezuma Compressor Station. Based on nominations in effect at the time, it did not expect any curtailments.

The rupture occurred on a 24-inch diameter line, said Panhandle spokesman John Barnett. There are two 30-inch diameter lines in the area that can allow bypass flows while the 24-inch line is being repaired, he said.

June natural gas futures were methodically moving higher during Wednesday’s regular session. Just before 1 p.m. EDT, the prompt-month contract was trading at $3.840, up 22.5 cents from Tuesday’s close.

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