Administer

States are the logical and best-equipped entities to implement and administer regulations for the storage of carbon dioxide (CO2), according to a study by the Interstate Oil and Gas Compact Commission (IOGCC) Task Force on Carbon Capture and Geologic Storage.

States are the logical and best-equipped entities to implement and administer regulations for the storage of carbon dioxide (CO2), according to a study by the Interstate Oil and Gas Compact Commission (IOGCC) Task Force on Carbon Capture and Geologic Storage.

Nicor Enerchange LLC said it signed an agreement with Caledonia Energy Partners LLC of Dallas to market and administer the proposed 11.7 Bcf Caledonia storage project in northeast Mississippi. An open season is currently underway for the storage facility, which is a depleted gas reservoir. The project will have a direct interconnect with Tennessee Gas Pipeline’s 500 leg in Zone 1. Market demand for direct interconnects with Southern Natural and Texas Eastern will be evaluated as a Phase II project. The non-binding open season for firm storage capacity started May 13 and lasts through June 25. Service requests during this open season will be non-binding on all parties. For detailed information on the open season, visit the storage company’s website at www.caledoniastorage.com.

TransCanada PipeLines Ltd. won a reprieve from a feared revenuehemorrhage but lost a battle for rights to administer strongmedicine of its own making against recurrences of the threat. In aruling on lengthy, hard-fought winter hearings, the National EnergyBoard authorized TransCanada to raise floor prices forinterruptible delivery service on excess capacity to 80% of ratesfor firm service from 50%, effective May 1. But the NEB rejectedpleas by the pipeline to decide independently on setting variableminimum charges on leftover space depending on its reading ofmarket conditions.

TransCanada PipeLines Ltd. won a reprieve from a feared revenuehemorrhage but lost a battle for rights to administer strongmedicine of its own making against recurrences of the threat. In aruling on lengthy, hard-fought winter hearings, the National EnergyBoard authorized TransCanada to raise floor prices forinterruptible delivery service on excess capacity to 80% of ratesfor firm service from 50%, effective May 1. But the NEB rejectedpleas by the pipeline to decide independently on setting variableminimum charges on leftover space depending on its reading ofmarket conditions.