Southern Company Energy Marketing said it opened an energymarketing operation in Western Canada in conjunction with thesigning of an arrangement to manage the business of Pan-Alberta GasLtd. The new marketing operation has about 60 employees, most ofwhom previously worked for Pan-Alberta. Southern Company EnergyMarketing announced in January that it had agreed in principle tomanage the assets of Pan-Alberta, Canada’s second-largest exporterof natural gas. Southern has marketed about 7 Bcf/d, whilePan-Alberta has sold about 1.2 Bcf/d. Pan-Alberta is owned by morethan 400 Western Canada natural gas producers and has nearly US$1.5billion in sales annually. Its assets include long-term dedicatedgas supply arrangements and more than 1.2 Bcf/d of pipelinetransportation capacity.
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Conoco Extends Supply Deal With DuPont
Continuing an arrangement first forged in 1981, Conoco announced a definitive agreement last week to manage DuPont’s gas supply needs. DuPont is one of the largest U.S. industrial gas consumers and Conoco’s largest supply customer. Neither the financial terms nor energy volumes were disclosed.
Conoco Extends Supply Deal With DuPont
Conoco continued an arrangement first forged in 1981 by announcing a definitive agreement yesterday to manage DuPont’s gas supply needs. DuPont is one of the largest U.S. industrial gas consumers and Conoco’s largest supply customer. Neither the financial terms nor energy volumes were disclosed.