Actively

The natural gas market is more actively traded than ever could have been imagined at its early stages in the mid-1980s, and FERC’s oversight has to change to accommodate that market, said a top agency official.

The natural gas market is more actively traded than ever could have been imagined at its early stages in the mid-1980s, and FERC’s oversight has to change to accommodate that market, said a top agency official.

Enron Corp. founder Kenneth Lay and ex-CEO Jeffrey Skilling were actively involved in the day-to-day financial dealings at their company and either knew about or took part in some of the alleged wrongdoing, the former chief of investor relations testified Monday.

Sharply higher natural gas prices led to a sudden drop in residential customer choice enrollments and in the number of retail gas marketers actively soliciting customers last year, but most regulators and utilities nationwide affirmed their commitment to customer choice, according to an update from the Energy Information Administration (EIA).

Sharply higher natural gas prices led to a sudden drop in residential customer choice enrollments and in the number of retail gas marketers actively soliciting customers last year, but most regulators and utilities nationwide affirmed their commitment to customer choice, according to an update from the Energy Information Administration (EIA).

Although no conclusions or commitments have been reached,Chevron is very actively pursuing studies leading to thedevelopment of a liquefied natural gas (LNG) receiving terminal ata still undetermined spot along the California coast to regasifythe equivalent of 500 MMcf/d of LNG from the Northwest Shelf offWestern Australia (see Daily GPI, March 20). Chevron is a one-sixthowner of the huge NW Shelf LNG Project involving 15 Tcf of gas nowbeing liquefied and shipped to markets in the Far East, and atwo-seventh partner in the not-yet-producing Gorgon Projectoffshore Western Australia.

DukeSolutions is actively looking to sell the gas and electrictrading portion of its business, a spokesman confirmed last week,hastening to explain that this sale has nothing to do with DukeEnergy’s main North American trading operations under Duke EnergyMerchants.

DukeSolutions is actively looking to sell the gas and electrictrading portion of its business, a spokesman confirmed last week,hastening to explain that this sale has nothing to do with DukeEnergy’s main North American trading operations under Duke EnergyMerchants.

Amid industry reports last week that Enron North American Corp.was actively trying to get out from under its conditionallyapproved large capacity contracts with El Paso Natural Gas, thepipeline sought a stay of the order. In the ruling, FERC deniedprimary rights at the prized Southern California Gas-Topock, AZ,delivery point for nearly half of the Enron affiliate’s firmtransportation capacity on El Paso.