The Georgia Public Service Commission (GPSC) granted AGL Resources a limited stay of an April 29 order to freeze subsidiary Atlanta Gas Light Co.’s residential rates (see NGI, May 2). Officials at AGL were stunned last week by the 3-2 vote at GPSC, which AGL said would cut its annual utility revenues by about $25 million.
April
Articles from April
Slightly Bullish 39 Bcf Injection Gives Futures a Little Lift
While many had been calling for a bullish natural gas storage injection, the 39 Bcf build reported Thursday morning for the week ended April 29 was lower than expected. As a result, June natural gas futures received a short boost once the Energy Information Administration (EIA) report hit the street.
Coast Guard Resumes Review of McMoRan’s Main Pass LNG Terminal
McMoRan Exploration Co. said the U.S Coast Guard on April 21 resumed the statutory period under the Deepwater Port Act (DWPA) for review of the company’s proposed 1 Bcf/d Main Pass Energy Hub liquefied natural gas (LNG) import terminal and gas storage facility offshore Louisiana. McMoRan now expects the terminal to be approved by the end of the year.
Coast Guard Resumes Review of McMoRan’s Main Pass LNG Terminal
McMoRan Exploration Co. said the U.S Coast Guard on April 21 resumed the statutory period under the Deepwater Port Act (DWPA) for review of the company’s proposed 1 Bcf/d Main Pass Energy Hub liquefied natural gas (LNG) import terminal and gas storage facility offshore Louisiana. McMoRan now expects the terminal to be approved by the end of the year.
Transportation Notes
Northwest has scheduled installation of a filter/separator at its interconnect with Questar’s Clay Basin Storage Facility for April 27-28. Physical injections and withdrawals from or to Northwest will not be possible for those gas days, Questar said.
Sizeable 44 Bcf Injection Already Factored Into Futures Price
The 44 Bcf injection into underground natural gas storage for the week ended April 8 was within the range of industry expectations but still dwarfed the five-year average injection of 1 Bcf and last year’s 16 Bcf contribution.
Falcon Says 3.5 Bcf of Working Storage Capacity Available in April
Falcon Gas Storage Co. last week said that up to 3.5 Bcf of working gas storage capacity will be available at its Hill-Lake facility beginning April 1. It reported that currently all 10 Bcf of Hill-Lake’s working gas storage capacity is fully subscribed through the end of this winter.
Falcon Says 3.5 Bcf of Working Storage Capacity Available in April
Falcon Gas Storage Co. on Wednesday said that up to 3.5 Bcf of working gas storage capacity will be available at its Hill-Lake facility beginning April 1. It reported that currently all 10 Bcf of Hill-Lake’s working gas storage capacity is fully subscribed through the end of this winter.
Petal Schedules Open Season Oct. 1-7
Houston-based Petal Gas Storage LLC has scheduled an open season between Oct. 1-7 for up to 600,000 MMBtu of firm natural gas storage capacity and up to 60,000 MMBtu of firm transportation capacity beginning April 1.
Petal Schedules Open Season Oct. 1-7
Houston-based Petal Gas Storage LLC has scheduled an open season between Oct. 1-7 for up to 600,000 MMBtu of firm natural gas storage capacity and up to 60,000 MMBtu of firm transportation capacity beginning April 1.