El Paso Natural Gas concedes it has been forced to allocatecapacity on a pro rata basis on the East End of its system betweenthe San Juan Basin and Texas, but it said it’s not because it hasoversold capacity on that section of its pipeline, as KN Marketinghas alleged. But rather it’s because of the scheduling flexibilityEl Paso affords shippers that allows them to use any receipt pointon the system, up to the volume limit of their contract.
Blames
Articles from Blames
OK Delays Retail Unbundling, Blames ONG
The Oklahoma Corporation Commission (OCC) delayed the state’sretail gas unbundling 20 months, saying tax and other issues needmore consideration and noting upstream unbundling must come firstanyway.
April 12, 1999
TransCanada Blames Earnings Erosion on Market
“Earnings from market-based businesses are less predictable thanregulated earnings,” TransCanada PipeLines President George Watsonreminded stockholders Thursday in explaining how lowersecond-quarter earnings in marketing, gathering and processing haderased some pipeline gains.
August 7, 1998
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