The Oklahoma Corporation Commission (OCC) and Oklahoma NaturalGas Co. (ONG) hammered out which of the LDC’s transmission anddistribution assets will be regulated and which will be unregulatedand open to competitive bidding. Once sufficient competition existsin the marketplace, competitors will bid to provide service usingthe unbundled assets. Unbundled assets are to be removed from ONG’srate base.
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Northwest Territories, TransCanada Agree on Pipe
TransCanada PipeLines has announced an agreement with the Government of the Northwest Territories (GNWT) to build a direct connection between the rapidly developing reserves in the southern part of the territories and the TransCanada mainline.
Northwest Territories, TransCanada Agree on Pipe
TransCanada PipeLines has announced an agreement with theGovernment of the Northwest Territories (GNWT) to build a directconnection between the rapidly developing reserves in the southernpart of the territories and the TransCanada mainline.
Independence, Ohio Agency Agree to Protect Resources
Hoping to solidify the project’s shaky environmental status, Independence Pipeline Co., working with the Ohio Power Siting Board (OPSB), voluntarily agreed to a set of standards intended to protect Ohio’s environment from the construction and operation of the pipeline. The agreement, which was signed by the OPSB in early June, has been forwarded to the Federal Energy Regulatory Commission (FERC) for consideration.
Independence, Ohio Agency Agree to Protect Resources
Hoping to solidify the project’s shaky environmental status,Independence Pipeline Co., working with the Ohio Power Siting Board(OPSB), voluntarily agreed to a set of standards last week intendedto protect Ohio’s environment from the construction and operationof the pipeline. The agreement, which was signed by the OPSB inearly June, has been forwarded to the Federal Energy RegulatoryCommission (FERC) for consideration.
Western, KCPL Agree With KCC Staff
Western Resources of Topeka, KS, said a stipulation andagreement had been reached with the Kansas Corporation Commission(KCC) staff, resulting in a proposed set of recommendations forsettlement in the company’s merger with Kansas City Power &Light. The agreement has been filed with the KCC. The City ofTopeka has agreed to, and the International Brotherhood ofElectrical Workers local 304 support the recommendations andstipulations. They include:
Aquila, UtiliCorp at Share Purchase Impasse
UtiliCorp United wants to buy the rest of Aquila Gas PipelineCorp. it doesn’t already own, but the companies cannot agree on adeal. UtiliCorp currently owns about 82% of Aquila Gas Pipeline’soutstanding common shares.
CAPP, TransCanada Agree on New Nova Tolling System
A new gas tolling agreement between TransCanada PipeLines andthe Canadian Association of Petroleum Producers (CAPP) soon mayreplace Nova Gas Transmission’s 19-year-old, postage-stamp pricingsystem with a formula based on distance- and the diameter of thepipe used for transportation. A memorandum of understanding (MOU),signed by CAPP and TransCanada, marks the culmination of asettlement process started when the Canadian gas industry signed apeace accord last April, which also assured construction of theAlliance Pipeline and approval of the TransCanada-Nova merger.
Industry Opposition to Auctions Nearly Unanimous
It’s nearly impossible to get the various gas industry sectorsto agree on anything, but some already are putting out signals they might band together to send FERC the clear and unmistakablemessage they don’t like its capacity-auction proposal.
Amber, AEC Agree On Merger Terms
Amber Energy’s board has accepted a revised merger offer fromAlberta Energy Co. (AEC) and said it will cease pursuing the saleof some of its midstream assets.