Awaiting

A second merchant underground natural gas storage field inCalifornia proposed for a depleted gas field 20 miles south ofSacramento is awaiting a draft environmental report from stateregulators in September to stay on its current timetable forstart-up next Spring.

Shareholders of North Carolina Natural Gas Corp. (NCNG) approvedthe company’s acquisition by Raleigh, NC-based Carolina Power &Light. The companies are awaiting approval by the North CarolinaUtilities Commission and the South Carolina Public ServiceCommission. CP&L anticipates commission approval and completionof the acquisition in July.

The currently one-member Wisconsin Public Service Commission issoon to be restored to full three-commissioner status. Thecommission has been down to one member, Joe Mettner, since May 15when Chair Cheryl L. Parrino stepped down. Previously, Dan Eastmanleft his commission post April 30.