NorthernStar Natural Gas Inc.’s plan to convert a working offshore oil platform and use an already-certified undersea pipeline route for liquefied natural gas (LNG) importation carries less environmental risk than a competing project that California officials rejected earlier this year, according to a company executive.
Carries
Articles from Carries
Transportation Notes
Due to warmer weather being forecasted for Florida, Florida Gas Transmission declared an Overage Alert Day for customers in its market area Monday. The OAD carries 25% tolerance for negative daily imbalances.
April 4, 2006
Transportation Notes
Pacific Gas & Electric declared a systemwide Stage 2 high-inventory OFO for Friday. The order carries $1/Dth penalties for exceeding a 5% tolerance on positive daily imbalances.
June 17, 2005
NW Drought Will Drive Up Prices But Won’t Reduce Reliability, Fitch Report Says
A sixth consecutive below-normal water year for the Pacific Northwest carries more financial than operating impact on the region and the greater Western Electricity Coordinating Council (WECC) grid system covering 12 states, according to a “Hydro Update” report by Fitch Ratings released earlier this month.
June 13, 2005
Transportation Notes
Pacific Gas & Electric extended Thursday’s systemwide Stage 2 high-inventory OFO through at least Friday. The OFO carries $1/Dth penalties for exceeding a positive daily imbalance tolerance of 5%.
June 3, 2005
Transportation Notes
Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO that takes effect Friday. It carries penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.
March 11, 2005
El Paso Reports $214M Loss in 3Q
Oil and natural gas prices weren’t quite high enough to help El Paso Corp. overcome a significant production cut earlier this year, and the Houston-based company reported a significant third quarter loss last week. The company posted a loss of $214 million (minus 33 cents/share), compared with a profit of $24 million (4 cents) for the same period of 2003. Reported revenue for 3Q2004 was $1.43 billion, compared with $1.71 billion a year ago.
December 27, 2004
Transportation Notes
Pacific Gas & Electric declared a systemwide Stage 3 high-inventory OFO for Wednesday. The order carries penalties of $5/Dth for violating a zero tolerance on positive daily imbalances.
October 13, 2004
Transportation Notes
Pacific Gas & Electric issued a systemwide Stage 2 low-inventory OFO for Tuesday. The order carries penalties of $1/Dth for violating a negative imbalance tolerance of zero.
March 11, 2003
Transportation Notes
Pacific Gas & Electric declared a systemwide Stage 2 high-inventory OFO for Wednesday. The order carries $1/Dth penalties and has zero tolerance for positive daily imbalances.
August 7, 2002
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