Citing forecasts of low temperatures in its market area, Northern Natural Gas said it is expanding a System Overrun Limitation for Zone EF that had been in effect for Tuesday and Wednesday into Zones ABC and D Thursday. The pipeline also declared a force majeure at the Palmyra (NE) Compressor Station, saying it had encountered mechanical issues with Unit 26. The outage, expected to last “several days,” is reducing capacity through Palmyra by 120,000 MMBtu/d, affecting both the Palmyra North and Oakland groups downstream of the Palmyra constraint point, Northern said. However, based on current and forecasted loads, it did not expect allocations of these groups.
Citing
Articles from Citing
CFTC Proposes Limits on Energy Futures Markets Speculation
Citing the apparent trading irregularities of Amaranth Advisors LLC and large positions taken by the United States Natural Gas Fund LP (UNG) as evidence of the need for action, the Commodity Futures Trading Commission (CFTC) Thursday voted out a notice of proposed rulemaking (NOPR) that would set limits on speculative trading of exchange-traded futures and options contracts in major energy markets.
January 15, 2010
Transportation Notes
MRT said it will lift a System Protection Warning at the start of Wednesday’s gas day.
January 13, 2010
Editorial Calls for ‘Safer Alternative’ to Distrigas LNG Terminal
Citing concerns about a planned liquefied natural gas (LNG) shipment from terrorist-torn Yemen to Boston Harbor in February, a Boston Globe editorial Tuesday chided natural gas industry and public officials for not coming up with a “safer alternative” to the Distrigas of Massachusetts import terminal in Everett, MA (see Daily GPI, Jan. 5).
January 6, 2010
Transportation Notes
Southern Natural Gas implemented an OFO Type 6 for short imbalances effective Sunday until further notice. Tiered penalties were set for noncompliance.
January 4, 2010
Transportation Notes
Citing lows in the 30s and 40s that had moved into Florida, Florida Gas Transmission notified market-area customers that it was issuing an Overage Alert Day for Monday with 25% tolerance for negative daily imbalances.
December 22, 2009
Chevron Halts Development of Mississippi LNG Project
Citing changing market conditions since it proposed the project, Chevron Corp. has decided to put the brakes on development of its Casotte Landing liquefied natural gas (LNG) terminal in Mississippi.
October 19, 2009
Chevron Halts Development of Mississippi LNG Project
Citing changing market conditions since it proposed the project, Chevron Corp. has decided to put the brakes on development of its Casotte Landing liquefied natural gas (LNG) terminal in Mississippi.
October 14, 2009
Transportation Notes
Citing “historically high storage inventory levels and projected high injection requirements for the upcoming weekend,” Southern Natural Gas said Friday it was implementing an OFO Type 6 for long imbalances Saturday until further notice (although it said in another notice that the OFO was unlikely to continue Monday). Tiered imbalance penalties were set for positive imbalances exceeding 2%, or 200 Dth, whichever was greater.
September 28, 2009
Transportation Notes
After ending a previous Overage Alert Day Wednesday, Florida Gas Transmission declared a new one for market-area customers Thursday, citing forecasts of Florida highs in the 90s and heavy utilitization of pipeline capacity. The tolerance for negative daily imbalances was set at 15%.
September 18, 2009
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