Announces

Pinnacle LNG, Inc., a subsidiary of AGL Resources, has announced an open season from Feb. 18 to March 14, 2003 to seek natural gas storage and terminal service customers for its liquefied natural gas (LNG) plant located in Trussville, AL, and connected to the Southern Natural Gas mainline.

More than compensating for the company’s poor refining results, BP’s Exploration and Production (E&P) segment boosted net income to $651 million for the fourth quarter, compared to a loss of $603 million in the year earlier quarter. For full-year 2002, BP’s total net income increased to $6.85 billion from $6.56 billion in 2001. Sales on the year increased to $202.5 billion from $200 billion.

El Paso Global LNG, a subsidiary of El Paso Corp., Monday announced the development of its first EP Energy Bridge natural gas delivery system in the Gulf of Mexico, located about 116 miles off the coast of Louisiana. The project is one of five offshore LNG facilities El Paso plans to install.

El Paso Global LNG, a subsidiary of El Paso Corp., Monday announced the development of its first EP Energy Bridge natural gas delivery system in the Gulf of Mexico, located about 116 miles off the coast of Louisiana. The project is one of five offshore LNG facilities El Paso plans to install.

The Long Island Power Authority (LIPA) is developing two new power generation projects for completion by next summer and will announce a third project in December, officials said Thursday. FPL Energy and PSEG Power have been selected to build the two facilities, which would add a combined total of 134.9 MW to enhance Long Island’s ability to introduce competition to its service territory.

Williams said Friday — the first day of the winter season — that it has placed two expansion projects into service, increasing capacity on its Transco pipeline system by 260,000 Dth/d. Through its MarketLink Phase two and Leidy East expansion projects, the company has added firm transportation capacity to serve markets in the Northeast.

Williams said Friday — the first day of the winter season — that it has placed two expansion projects into service, increasing capacity on its Transco pipeline system by 260,000 Dth/d. Through its MarketLink Phase two and Leidy East expansion projects, the company has added firm transportation capacity to serve markets in the Northeast.

ANR Pipeline Co. began a non-binding open season on Wednesday to determine customer interest in contracting for additional transportation capacity on its existing natural gas pipeline system to markets along the Lebanon Lateral in southwest Ohio. The open season will run through Oct. 11.

Southern Co. Chairman Allen Franklin announced last week the selection of C. Philip Saunders as President and CEO of the newly formed Southern Co. Gas, which will spearhead the acquisition of the Georgia customers currently being served by The New Power Co., ensuring a smooth transition for those customers to Southern Co. Gas.