Binding

Norway’s Statoil announced that it has signed a non-binding letter of intent to acquire proposed expansion capacity at Dominion Resources’ Cove Point LNG terminal in Maryland. The deal if concluded will allow Statoil to quadruple its current amount of Cove Point capacity under a 20-year agreement.

Unocal Keystone Gas Storage LLC has begun a non-binding open season through Nov. 7 for 2 Bcf of available capacity at its Keystone gas storage facility located in the Permian Basin.

Kinder Morgan will start a binding open season Friday for gas storage capacity that will become available through an expansion of its Markham storage field in Matagorda County on the Texas Gulf Coast. The open season will conclude Nov. 14.

Unocal Keystone Gas Storage LLC has begun a non-binding open season through Nov. 7 for 2 Bcf of available capacity at its Keystone gas storage facility located in the Permian Basin.

Tennessee Gas Pipeline Co. has begun a non-binding open season through August 11 to assess market interest in additional firm capacity, which would be created by its proposed Freedom Trail expansion project. The project is scheduled to begin service in 2006. The proposed project is designed to increase mainline capacity on Tennessee’s Line 200 located in New York and Massachusetts by 50,000 to 150,000 Dth/d, with up to an additional 40,000 horsepower of compression and up to 40 miles of new pipeline looped along existing right of way. Freedom Trail would enable customers in the Northeast to access various supply points along Tennessee’s system including market and supply area storage, the Gulf of Mexico (Zones 0 and 1), and the Niagara Interconnect with TransCanada Pipeline. The incremental capacity would provide service to New England as well as New York City and/or Long Island via deliveries to existing and proposed downstream pipelines directly serving these markets. To obtain open season request forms and guidelines, contact Jim Scabareti at (617) 217-2115 or at jim.scabareti@elpaso.com.

Tennessee Gas Pipeline Co. has begun a non-binding open season through August 11 to assess market interest in additional firm capacity, which would be created by its proposed Freedom Trail expansion project. The project is scheduled to begin service in 2006.

Responding to interest expressed in firm deliveries from CIG to the new Cheyenne Plains system (see Daily GPI, Dec. 11, 2002), CIG is holding a binding open season through March 20 to solicit new firm compression agreements. Such agreements are required to support additional compression in the Cheyenne, WY area that would allow volumes to be delivered from the lower-pressure CIG system into Cheyenne Plains or other high-pressure systems near Cheyenne. It is anticipated that the new compression would be in service by August 2005, which is the anticipated in-service date of the Cheyenne Plains system. See the bulletin board for details, or call Greg Ruben at (719) 520-4870 for more information.

New Avoca Gas Storage LLC announced the start of its non-binding open season for storage capacity at its still under construction storage facility located in the village of Avoca in Steuben County, NY. The offering closes at 5 p.m. CST on March 15.

New Avoca Gas Storage LLC announced Monday morning the start of its non-binding open season for storage capacity at its still under construction storage facility located in the village of Avoca in Steuben County, NY. The offering closes at 5 p.m. CT on March 15.