Nominations exceeded capacity at NOVA’s Eastern Gate Tuesday,causing a restriction of about 270 MMcf/d, or 46% of IT capability.
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Transportation Notes
NGPL’s High Island Lateral will be out of service for about 12hours of construction Thursday, causing a shutdown of Station 344(Jefferson County, TX). Shippers using the HI 116 Vasgas/NGPL HI 71point will need to nominate half of their normal volumes for thatgas day.
Study: Marketers Jostled by Merger Mania
Heavy merger activity is impacting the wholesale energymarketing segment, causing several of the top-20 marketers of 1998to exit the market, and spurring other companies to acquire assetsand start online trading, a new study has found.
Cinergy Cries Force Majeure On Power Deliveries
Slightly more than one year after Midwest power prices spiked to$7,500/MWh from $25/MWh, causing suppliers to default on contracts,companies to go out of business and federal regulators to concludeit was a one-time anomaly, the power market did it again.
Cinergy Cries Force Majeure on Power Deliveries
Slightly more than one year after Midwest power prices spiked to$7,500/MWh from $25/MWh, causing suppliers to default on contracts,companies to go out of business and federal regulators to concludeit was a one-time anomaly, the power market did it again.
Transportation Notes
Compressor damage is causing unscheduled maintenance on Unit Cat Station 5 (Athol, ID), PG&E Gas Transmission-Northwest saidMonday. At first a Kingsgate capacity limitation of 2,050 MMcf/dwas expected to begin today and last through Thursday, but lateMonday afternoon the pipeline said it was able to raise theKingsgate ceiling to 2,200 MMcf/d “due to unseasonably cool ambienttemperatures.”
EPA’s New NOx Rule a BigPlus for Gas Demand
The Environmental Protection Agency’s final plan for reducingsmog-causing emissions of nitrogen oxides (NOx) in 22 easternstates and the District of Columbia should create an additional 1Tcf of gas demand by 2003, said Bruce Craig of the Natural GasSupply Association.
EPA Calls for 28% NOx Reduction by 2007
Natural gas should be a big winner as a result of theEnvironmental Protection Agency’s final plan for reducingsmog-causing emissions of nitrogen oxides (NOx) that was releasedyesterday. The plan calls for a reduction of 1.1 million tonsannually, or 28%, in 22 eastern states and District of Columbia by2007. States clean air plans come due in September 1999 and neededcontrols must be in place by 2003.