April

Oregon LNG Gets Coast Guard Security Clearance

The U.S. Coast Guard April 24 issued a form of a security clearance to the backers of a liquefied natural gas (LNG) terminal near the mouth of the Columbia River on the Skipanon Peninsula in Warrenton, OR. Oregon LNG’s proposed $1.3 billion project would have a minimal security impact on the Columbia River, according to the Coast Guard’s Letter of Recommendation (LOR), which is heavily qualified and similar to its determinations for the state’s other proposed LNG projects.

May 4, 2009

Transportation Notes

Southern Natural Gas said its shut-in test of the Muldon (MS) Storage Field from Tuesday through April 20 constitutes a force majeure event and it will reduce CSS customers’ injection and withdrawal quotas on a pro rata basis during the test. See the bulletin board for details.

April 13, 2009

Gas-Fired California Generation Monitors Milestones

California’s generation sector reached three major milestones at the start of April, all of which could have an impact on future fuel loads and generation operations in the nation’s most populous state: grid operators gained a new day-ahead market, climate change scientific impact assessments were released and a U.S. Supreme Court decision offered some solace for the state’s proliferation of coastal, sea water-cooled generation plants.

April 6, 2009

Industry Brief

NiSource Gas Transmission & Storage (NGT&S) unit Columbia Gas Transmission (CGT) is holding a binding open season until 12 p.m. CDT April 3 for transportation capacity to Eastern markets following modifications to CGT’s Easton Compressor Station. The modifications were designed to increase delivery capacity from the Wagoner interconnection point between Columbia and Millennium pipelines on Columbia’s Line 1278. Increased capacity would be available for areas 21-25, 28-29 and/or 30. Information is available at www.ngtsnavigates.com or by contacting Joshua Gibbon at jgibbon@nisource.com; (713) 267-4718.

March 24, 2009

Transportation Notes

MRT kept a System Protection Warning in place for Tuesday only, lifting it at the start of Wednesday’s gas day.

March 4, 2009

Futures Rebound, But Traders Question Sincerity

After dropping less than a nickel on Monday, April natural gas futures rebounded on Tuesday, but traders and analysts were quick to note that a sustained tally was unlikely. The prompt-month contract closed 13 cents higher on the day at $4.282.

March 4, 2009

EIA: Production Growth Driving Prolific Pipeline Buildout

As of April, about 200 U.S. gas pipeline projects have been proposed for development between this year and 2010, accounting for more than 10,000 miles of potential pipe additions. Put another way, “Pipeline infrastructure expansion activity again appears to be on an upswing,” the Energy Information Administration (EIA) said in a pipeline capacity report released last Thursday.

July 21, 2008

ALJ Hearing Ordered for Amaranth Manipulation Case

FERC last Thursday ordered an administrative law judge (ALJ) hearing to determine whether certain natural gas futures trading activities by Amaranth Advisors LLC, seven affiliates and two former traders violated the agency’s anti-manipulation regulations.

July 21, 2008

EIA: Production Growth Driving Prolific Pipeline Buildout

As of April, about 200 U.S. gas pipeline projects have been proposed for development between this year and 2010, accounting for more than 10,000 miles of potential pipe additions. Put another way, “Pipeline infrastructure expansion activity again appears to be on an upswing,” the Energy Information Administration (EIA) said in a pipeline capacity report released Thursday.

July 21, 2008

Devon Hits 1 Bcfe/d in Barnett Shale

Devon Energy Corp.’s net Barnett Shale production surpassed the magic number of 1 Bcfe/d in April, a milestone achieved 21 months ahead of the company’s original target date.

May 12, 2008