Assessing

Northwest Pipeline has flouted FERC’s turn-back policy by imposing an “unreasonable and fundamentally defective” turn-back fee requirement that blocked shippers from shedding more than 200,000 Dth/d of unused and unwanted pipeline transportation capacity on its system, complained two Duke Energy subsidiaries.

The energy industry remained in a high state of alert Tuesday evening and was still assessing the impact of terrorist attacks on the World Trade Center buildings in New York City, the Pentagon in Washington, DC, and in Somerset County, PA, near Pittsburgh. Trading on the New York Stock Exchange, the New York Mercantile Exchange (Nymex), and on the major over the counter energy e-commerce systems, including EnronOnline and IntercontinentalExchange, remained shut down or delayed indefinitely. No major energy outages or curtailments were reported other than those in close proximity to the terrorist attacks in New York City.

Destin Pipeline is holding an open season through 1 p.m. CDT Aug. 30 to assess interest in expanded services. Recent offshore developments have indicated a potential need for extra capacity, Destin said. Currently it is capable of moving 1 Bcf/d.

Shippers on Natural Gas Pipeline Co. of America (NGPL) havecalled on FERC to reject a tariff proposal that would hold the”party tendering gas” liable for damages to the pipeline’sfacilities and third-party facilities that are the result oflower-quality gas entering NGPL’s system. Many contend the proposedtariff change is much too vague.

When assessing the market of an acquisition target, allcustomers are not equal, Columbia Energy Group Chairman Oliver G.Richard told a merger and acquisition symposium this week.

When assessing the market of an acquisition target, allcustomers are not equal, Columbia Energy Group Chairman Oliver G.Richard told a merger and acquisition symposium this week.