Adding

Avista-STEAG LLC and NRG Energy have entered into a partnershipin the hopes of adding 633 MW of power generation to Texas’ powerpool in 2003. The partnership will build, manage and operate thenatural gas-fired Brazos Valley project to be located in Fort BendCounty, TX, about 30 miles southwest of Houston.

Vectren Corp. has cleared the final regulatory hurdle andexpects to close its acquisition of The Dayton Power & LightCo. by the end of this month, adding nearly 305,000 residential,commercial, industrial and government customers to its established650,000 customer base.

Adding to the entitlement declared for its system north of Kemmerer(WY) Station (see Daily GPI, Sept. 29),Northwest issued a Deficiency Period notice that will continue throughcompletion of repairs at the Soda Springs Station 66 miles northwestof Kemmerer, which is estimated to be the Oct. 5 gas day. Although theDeficiency Period officially began Thursday, Northwest said it delayedany restrictions on primary firm nominations until Friday to givecustomers an opportunity to adjust their gas supplies. According tothe pipeline, “A Deficiency Period begins on the day when aggregatenominations using Constraint Point Firm Rights exceed Constraint PointActual Capacity and Transporter is unable to schedule otherwiseacceptable nominations due to scheduled or unscheduled maintenance.”Due to the Soda Springs compressor failure, station capacity fell to436,000 Dth/d; however, aggregate nominations increased from 436,000Dth/d Wednesday to 460,000 Dth/d Thursday, prompting the DeficiencyPeriod, Northwest said. It recommended that “customers considerpurchasing gas at points other than domestic supply points. Anynominated volumes in excess of 470,000 Dth may be subject tooperational flow orders.”

Adding another building block to its long hoped for pipelinethrough Wisconsin and Illinois, Guardian Pipeline signed anagreement with IPSCO Inc. to manufacture and deliver steel pipe forthe proposed 149 mile-long pipeline. IPSCO will begin producing thepipe next fall to complement Guardian’s construction, which isexpected to get under way by early 2002. Though regulatory approvalis still to come, the agreement brings Guardian’s project closer toreality. In July, FERC concluded Guardian would have “limitedadverse impact,” and would be acceptable as long as appropriatemitigation measures were adopted. FERC is expected to make a finaldecision on the project by early next year. Guardian will transportgas from interconnections with Alliance, Northern Border,Midwestern Gas Transmission and the Natural Gas Pipeline of Americaat the Chicago Hub near Joliet, IL to northern Illinois andsouthern Wisconsin markets.

The northern frontier on the eastern side of the continent isstepping up work on adding new supplies to the North Americannatural-gas market, along with promoters of a development andpipeline revival in Alaska and the Northwest Territories.

Avista Corp. and PG&E Gas Transmission-Northwest (PG&EGT-NW) are inching closer to adding a new gas storage field in thestorage-poor Pacific Northwest region and have petitioned FERC foran exemption from Section 7 certificate requirements in order tofurther test the site.

The northern frontier on the eastern side of the continent isstepping up work on adding new supplies to the North Americannatural-gas market, along with promoters of a development andpipeline revival in Alaska and the Northwest Territories.

Avista Corp. and PG&E Gas Transmission-Northwest (PG&EGT-NW) are inching closer to adding a new gas storage field in thestorage-poor Pacific Northwest region and have petitioned FERC foran exemption from Section 7 certificate requirements in order tofurther test the site.

Adding to gains achieved during Monday’s impressive rebound,natural gas futures erupted higher yesterday as traders bid theJuly contract to a new all-time high for a prompt month at Nymex.After gapping higher to open at $4.65, July checked back and forth,before eventually closing at $4.686, up 12.6 cents for the session.