Approval

Futures traders and observers are going to be burning themidnight oil following final approval of a Nymex board decisionlast week to extend electronic futures trading of natural gas andthree other energy commodities.

Futures traders and observers are going to be burning themidnight oil following final approval of a Nymex board decisionyesterday to extend electronic futures trading of natural gas andthree other energy commodities.

Honeoye Storage Corp. has received FERC approval to expand itswestern New York sandstone storage facility to provide anadditional 1.8 Bcf of firm service capacity under market-basedrates. Honeoye plans an open season to start before the end of Juneand run through July.

Honeoye Storage Corp. has received FERC approval to expand itswestern New York sandstone storage facility to provide anadditional 1.8 Bcf of firm service capacity under market-basedrates. Honeoye plans an open season to start before the end of Juneand run through July.

Williams’ Transco pipeline has received approval for itsSouthCoast Expansion, a project to deliver up to 204 MMcf/d ofadditional supplies starting in November, primarily in Georgia andSouth Carolina. The Federal Energy Regulatory Commission issued acertificate for the project last Monday, accepting Transco’salternate incremental rate scheme, requiring signed 15-yearcontracts for 100% of capacity, and dismissing protests (see FERCDocket CP99-392)

Williams’ Transco pipeline has received approval for its SouthCoastExpansion, a project to deliver up to 204 MMcf/d of additionalsupplies starting in November, primarily in Georgia and SouthCarolina. The Federal Energy Regulatory Commission issued acertificate for the project Monday, accepting Transco’s alternateincremental rate scheme, requiring signed 15-year contracts for 100%of capacity, and dismissing protests (see FERC Docket CP99-392)

El Paso Energy’s Southern Natural Gas pipeline last week filedan application at FERC seeking to expand its South Main system byabout 336 MMcf/d to serve utility power plants in North Carolinaand other southeastern markets.

El Paso Energy’s Southern Natural Gas pipeline has filed anapplication at FERC seeking to expand its South Main system byabout 336 MMcf/d to serve utility power plants in North Carolinaand other southeastern markets.

ANR Pipeline received Federal Energy Regulatory Commissionapproval to offer two, new flexible transportation servicesspecifically tailored to meet the needs of electric-generationcustomers. The new firm and interruptible transportation services,FTS-3 and ITS-3, respectively, feature variable hourly flows, shortnotice start-up and more delivery flexibility than are provided bytraditional services. “The primary market for these services iselectric generators, including new peaking plants that often favorusing clean-burning natural gas but require the ability to start-upand shut down on shorter notice than is provided by the normalnomination and scheduling process,” said ANR President Jeffrey A.Connelly. “Our new services are intended to meet the requirementsof these shippers for greater flexibility in managing theirtransportation needs.” For more information on the new services,contact an ANR marketing representative via ANR’s Web site atwww.anrpl.com or by calling 1-800-8-ASK-ANR.