Offshore liquefied natural gas (LNG) and compressed natural gas (CNG) terminals came closer to reality last Tuesday with the passage of H.R. 3983 by the House of Representatives. If the Maritime Transportation Antiterrorism Act of 2002 becomes law in its current form, among other things it would allow the Department of Transportation to license offshore port facilities for both LNG and CNG, an option currently reserved only for oil.
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FERC Defers Cove Point LNG Decision
The Federal Energy Regulatory Commission said Thursday that a decision on whether to revoke a certificate allowing Williams to reactivate and expand its Cove Point liquefied natural gas (LNG) terminal plant in Maryland won’t be made until late January.
Lackluster Trading Session Favors Bulls
Fresh off their success in not allowing natural gas to dip below major support on Monday, natural gas bulls reared their horns yesterday as they prodded prices to a constructive opening print. However, further advances were hard to come by, leaving the market to check mostly sideways for the rest of the session. The August contract closed at $3.165, a hike of 9.7 cents on the day.
PG&E National Energy Gets Final OK For 1,080 MW Plant
PG&E National Energy Group last week received final regulatory approval for its 1,080 MW Athens generating facility in New York, allowing the project to begin construction so that it can deliver electricity to New York’s energy markets as early as summer 2003.
PG&E National Energy Gets Final OK For 1,080 MW Plant
PG&E National Energy Group last week received final regulatory approval for its 1,080 MW Athens generating facility in New York, allowing the project to begin construction so that it can deliver electricity to New York’s energy markets as early as summer 2003.
Transportation Notes
Citing forecasts of cooler temperatures in the Pacific Northwestfor the holiday weekend, Northwest began allowing both on-systemand off-system balancing Thursday after a long period of barringon-system balancing. However, storage volumes remain high in theJackson Prairie and Clay Basin facilities, limiting operationalflexibility, Northwest said.
CPUC Rejects Western’s Pipeline Plan
California regulators last week on a 3-2 split vote dismissed aproposal for allowing natural gas distribution competition in anindustrialized part of the East San Francisco Bay. The majority,led by the current president of the California Public UtilitiesCommission, rejected an alternative proposal by two members of thefive-member CPUC.
CPUC Rejects Western’s Pipeline Plan
On a 3-2 split vote, California regulators last week dismissed aproposal for allowing gas distribution competition in anindustrialized part of the East San Francisco Bay. The majority,led by the current president of the California Public UtilitiesCommission, rejected an alternative proposal by two members of thefive-member CPUC.
Hearing on Western’s Pipe Plan
Some 11th-hour life has been pumped back into a proposal forallowing gas distribution competition in an industrialized part ofthe East San Francisco Bay. Two members of the five-memberCalifornia Public Utilities Commission have proposed an alternativeto the Western Gas Resources pipeline proposal, which would servecustomers inside Pacific Gas & Electric’s franchise territory.The CPUC is scheduled to take up competing approaches when it meetsNov. 4 in San Francisco.
El Paso Under Fire for Allowing Over-nominations at Topock
Amoco Energy Trading, Amoco Producing and Burlington Resourcestold FERC last week in a Section 5 complaint that they are losingmillions of dollars because of El Paso Natural Gas’ poor firmdelivery point allocation procedures at Topock, AZ.