April

Coral Buys 2.9 Bcf of Australian LNG

Coral Energy of Houston bought a liquefied natural gas (LNG)cargo from the North West Shelf Venture in Australia for deliveryinto the United States. The cargo of about 2.9 Bcf is Coral’ssecond recent LNG purchase.

October 6, 1999

Transportation Notes

Algonquin has completed turbine replacement at the Burrillville(RI) Compressor Station. However, April 30-May 5 work on the30-inch mainline will limit Burrillville throughput to 400,000Dth/d, the pipeline said.

April 29, 1999

Transportation Notes

April 26-30 turbine modification at Transwestern’s BloomfieldStation on the San Juan Lateral will cut 25,000 MMBtu/d of Ignacio(CO) to Blanco (NM) capacity.

April 16, 1999

Transportation Notes

El Paso will will allow neither injections nor withdrawals whenit shuts in the Washington Ranch storage facility April 19-25 formaintenance. Saying the project will severely limit its flexibilityin controlling linepack, El Paso asked in advance for customercooperation in “balancing very closely” scheduled receipts anddeliveries.

April 13, 1999

Enron Still May Sell EOG Interest

An April 2 filing with the Securities and Exchange Commission suggests the rumored sale of Enron’s controlling interest in Enron Oil &Gas (EOG) could be in the offing. In the filing, Enron confirmed it is pondering a potential sale of its exploration and production arm among other possibilities.

April 12, 1999

Nipsco Finalizes TPC Acquisition

Nipsco Industries Inc. said subsidiary Energy USA Inc. completedits acquisition of TPC Corp., including its 66% interest in MarketHub Partners LP. The deal was finalized April 1 and is valued atabout $150 million.

April 7, 1999

Enron Still May Sell EOG Interest

An April 2 filing with the Securities and Exchange Commissionsuggests the rumored sale of Enron’s controlling interest in EnronOil & Gas (EOG) could be in the offing. In the filing, Enronsaid it is pondering EOG’s potential sale among other possibilitiesfor the exploration and production arm of the energy giant.

April 7, 1999

Initial Plunge Left Far Behind as April Gains 2.5 Cents

After gapping 4 cents lower on the open Thursday, the May HenryHub futures contract quickly prompted eager buying as locals andfunds jumped in to take advantage of the downturn. The contractjumped all the way to a new three-month high of $2.090 beforeprofit-taking triggered a sharp retracement. May ended Thursday’sregular session up 2.5 cents from Wednesday’s close.

April 5, 1999

FGT Holds Open Season in Face of Two Competitors

Florida Gas Transmission (FGT) is holding an open season through April 30 for another expansion, its Phase V project, an alternative to two major Gulf-crossing pipeline competitors, the Buccaneer and Gulfstream pipelines, proposed by Williams and Coastal, respectively.

March 29, 1999

FGT Holding Phase V Open Season

Florida Gas Transmission (FGT) said it is conducting an openseason through April 30 for another expansion project, its Phase Vexpansion, which is designed as an alternative to two majorGulf-crossing pipeline competitors, the Buccaneer and Gulfstreampipelines, proposed by Williams and Coastal, respectively.

March 26, 1999