Following the $1+ Wednesday-Thursday price advance in July natural gas futures, traders took a little break on Friday to assess the situation. Trading within a 22-cent range of $7.030-$7.250, July natural gas ended up closing out the week at $7.185, down 2.2 cents on the day, but $1.013 higher than the previous Friday’s close.
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Transportation Notes
Southern California Gas declared a high-linepack OFO for Saturday, saying it would assess Buy-Back charges in accordance with its tariffs to customers who delivered more than 110% of their actual gas usage on the OFO day. It added that when injection capacity falls below 850 MMcf/d, confirmations of firm storage injection nominations will be reduced as outlined in a notice posted on its Envoy electronic bulletin board on July 1, 2005.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Saturday, saying it would assess Buy-Back charges in accordance with its tariff to customers who delivered into its system more than 110% of their actual gas usage on the OFO day.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Wednesday, saying it will assess “Buy-Back” charges in accordance with its rules and tariffs to customers who deliver more than 110% of their actual gas usage on the OFO day.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Thursday and said it will assess Buy-Back charges to customers who deliver more than 110% of their actual gas usage that day. SoCalGas reminded customers that Winter Balancing Rules are in effect and they must comply with the appropriate minimum delivery requirements. It also noted that when its injection capacity falls below 850 MMcf/d, confirmations of firm storage injection nominations will be reduced as outlined in the Storage Injection Capacity Reductions notice that it posted July 1.
DOE Funds Methane Hydrate Research
The Department of Energy (DOE) today announced a total of $2 million in funding to five research projects that will assess the energy potential, safety, and environmental aspects of methane hydrate exploration and development.
Transportation Notes
Southern California Gas issued a high-linepack OFO for Friday, saying it will assess Buy-Back charges to customers who deliver into its system more than 110% of their actual gas usage.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Saturday, saying it will assess Buy-Back charges in accordance with its rules and tariffs to customers who deliver into its system more than 110% of their actual gas usage. SoCalGas also reminded shippers that due to pipeline maintenance, there will be a loss of 220 MMcf/d of receipt capacity at the North Needles and Topock border points on Monday through Wednesday this week. If total scheduled volumes exceed 1,100 MMcf/d for the combined points during that time, SoCalGas said it will allocate individual receipt point capacities pro rata at North Needles and Topock based on Cycle 1 scheduled quantities. There will be no impact for deliveries received from Kern River at Kramer Junction, the utility said.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Wednesday, saying it will assess Buy-Back charges in accordance with its rules and tariffs to customers who deliver into its system more than 110% of their actual gas usage.
Transportation Notes
Southern California Gas declared a high-linepack OFO for Saturday, saying it would assess Buy-Back charges in accordance with its rules and tariffs to customers who exceeded a 10% tolerance on deliveries into the SoCalGas system.