2000

Alliance Pipeline, the largest initial pipeline project in NorthAmerica, is on track to begin service on its scheduled date of Oct.1, 2000, the project’s CEO said last week. All of the constructiongoals for 1999 have been met and currently 77% of the mainline hasbeen installed.

Union Gas announced the availability of 2 Bcf of peak storage atthe Dawn Market Hub. The storage permits summer 1999 injection and1999-2000 winter withdrawal. The storage capacity will be awardedbased on a bidding process. All bids are due by 1 p.m. EST onFriday, May 21. The high bidders will be awarded the capacity by 3p.m. EST that same day. The storage hub has six pipelineinterconnects and easy access to 15 pipeline and distributioncompanies, Union Gas said. The complex has a working capacity of130 Bcf and can deliver 2 Bcf/d for customers.

Don D. Jordan, chairman and CEO of Reliant Energy, will besucceeded by R. Steve Letbetter as CEO June 1. Jordan will remainchairman of the board until Dec. 31, 2000.

KN Energy began its Choice Gas program in Nebraska for1999-2000, which will enable nearly all of its service territorycustomers to choose their gas supplier. Last year more than 68% ofeligible Nebraskans selected their supplier under the program.”Choice Gas in Nebraska was very successful in its first year andshould be even better this year,” said Dan Watson, KN distributionoperations general manager.

A supply/demand forecast released by Nova Corp. confirms whatmany market observers have expected: Canadian gas producers will behard pressed to fill all the new transportation capacity coming online this winter and could find it even harder to fill storage andmeet demand next summer.