Penn Virginia Resource Partners LP (PVR) said late Monday it would be able to increase its natural gas processing capabilities in western Oklahoma after acquiring processing and residue pipeline facilities from Atlas Pipeline Partners LP (APL) for $22.6 million in cash.
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Environmental Credit Trader Staffing Up Gas Capabilities
Global environmental products broker Evolution Markets Inc. of White Plains, NY, continues to expand its two-year-old natural gas trading capabilities with the addition of three new staffers. CEO Andrew Ertel told NGI the firm is well positioned to capitalize on the growing importance of natural gas in a carbon-constrained world.
Environmental Credit Trader Staffing Up Gas Capabilities
Global environmental products broker Evolution Markets Inc. of White Plains, NY, continues to expand its two-year-old natural gas trading capabilities with the addition of three new staffers. CEO Andrew Ertel told NGI the firm is well positioned to capitalize on the growing importance of natural gas in a carbon-constrained world.
FERC OKs Expansion of NGPL Storage Field in Texas
FERC has issued a certificate to Natural Gas Pipeline Company of America (NGPL) to add 10 Bcf of working gas capacity and increase its peak-day withdrawal and late-season withdrawal capabilities at its North Lansing Storage Field in Harrison County, TX.
Connecticut AG’s Attempt to Block Islander East Project Thwarted
FERC on Wednesday rejected the Connecticut Attorney General’s bid for review of the agency’s order approving the proposed Connecticut-to-New York Islander East Pipeline project, which seeks to deliver natural gas to the expanding Long Island, NY, market.
Transportation Notes
Citing high storage inventories and declining injectioncapabilities related to high field pressures, CIG will implement anOFO taking effect today until further notice for all firmtransportation and storage customers. To relieve a “criticaloperational situation,” CIG is limiting No-Notice Transportation(NNT-1 and NNT-2) customers to an injection maximum of 1/250th oftheir contractual Maximum Available Capacity. Shippers with storageinventory exceeding MAC should initiate withdrawals to get withintheir allowable limits, the pipeline said. Although interruptiblestorage customers (IS-1) were not specifically part of the OFO,they were notified that injections are not available. In additionto the storage situation, CIG said, excessive positive imbalanceson FT contracts are threatening system integrity.
FERC Increases Filing Requirements for Power Marketers
In an effort to improve its power market monitoring capabilitiesin light of the price spikes and market disruptions that occurredlast summer, FERC last week changed the reporting requirements forthe 500-600 licensed power marketers.
FERC Increases Filing Requirements for Power Marketers
In an effort to improve its power market monitoring capabilitiesin light of the price spikes and market disruptions that occurredlast summer, FERC yesterday changed the reporting requirements for600 power marketers. The Commission said it intends to remove awaiver of its rules that was granted to power marketers and powerproducers with market-based rates that allowed them to refrain fromfiling their long-term contracts with their customers. The changeputs power marketers on a more level playing field with traditionalutilities, which currently have to file their long-term agreements.
Transportation Note
PG&E Gas Transmission-Northwest reported Tuesday it hadcompleted unscheduled maintenance on Unit C at Station 7 (see DailyGPI, June 24-26). Throughput capabilities returned to 2,500 MMcf/dat Kingsgate, 2,375 MMcf/d at Station 8 and 1,900 MMcf/d at Station14.
Transportation Notes
KN’s Bushton Plant will have a Lean Side Outage through March 5.Only the Lean Side Processing capabilities will be affected.