Available

An estimated 85.4 Tcf of undiscovered, technically recoverable gas from natural gas hydrates may be available on the Alaskan North Slope, according to a U.S. Geological Survey (USGS) assessment released Wednesday.

The natural gas price declines in early July mirrored a broader sell-off in commodities and occurred before bearish data became available, but most of the price adjustments resulted from the “sudden loosening of the supply and demand balance,” which was evident in storage data issued by the Energy Information Administration, Lehman Brothers analysts said Monday. Early in the summer the market appeared tighter than a year earlier, but it’s now “significantly looser” and U.S. inventories are forecast to close the deficit by the end of the injection season.

Effective Wednesday Northwest will reduce available capacity at the Boise (ID) Compressor Station from 499,000 Dth/d to 425,000 Dth/d due to damage sustained by Unit #2 this past weekend. Emergency repairs are under way and the unit is expected to be placed back in service Friday, Northwest said.

The U.S. Maritime Administration (MARAD) and the U.S. Coast Guard last week announced that a final environmental impact statement (FEIS) is available for Calypso LNG LLC’s proposed deepwater port off the southeastern coast of Florida.

ANR said it has begun engine maintenance at the Greenville (MS) Compressor Station, which is reducing total Southeast Mainline capacity by 300 MMcf/d (leaving 985 MMcf/d available) through Monday. Based on current nominations, ANR said, it is anticipated that the reduction may result in the curtailment of Interruptible and Firm Secondary services. ANR also said that due to unplanned line maintenance at South Marsh Island 10, gas upstream of the offshore platform was required to shut in Tuesday and Wednesday. The action affected five meters.

CIG reported an outage at its compression facility serving deliveries to Cheyenne Plains Gas Pipeline at the Red Cloud Meter, which reduced the interconnnect’s available operating capacity from 255 MMcf/d to 170 MMcf/d effective with the Timely scheduling cycle for Wednesday’s gas day. Based on current repair projections, CIG anticipates that the compression will be back in service on June 13, when it plans to schedule full Red Cloud capacity for the June 14 gas day.

U.S. liquefied natural gas (LNG) buyers who are disappointed at the dearth of spot cargoes available on the world market have but one consolation: If they could get a spot cargo, they probably couldn’t afford it.

U.S. liquefied natural gas (LNG) buyers who are disappointed at the dearth of spot cargoes available on the world market have but one consolation: If they could get a spot cargo, they probably couldn’t afford it.

Kansas City, MO-based Inergy LP said its Arlington Storage Co. LLC (ASC) subsidiary has sold out the 5.7 Bcf in available capacity at its Thomas Corners natural gas storage project located in Steuben County, NY. The company filed at FERC in mid-March to convert the depleted Thomas Corners Field in the Town of Bath into an underground gas storage facility (see NGI, March 31).