Independence, SupplyLink Still Waiting for PDs

Citing the need to accommodate increased Canadian gas suppliesflowing into the Midwest, the sponsors of Independence Pipeline andSupplyLink have urged FERC to promptly issue preliminarydeterminations (PDs) on the non-environmental aspects of theirpipeline projects.

January 18, 1999

Terzic Resigns From Yankee Energy

Citing a difference of opinion with the board of directors overstrategy, Branko Terzic resigned as chairman, president and CEO ofYankee Energy System based in Meriden, CT.

October 12, 1998

Industry ‘Swamped’ by FERC’s NOPR, NOI; Requests Extension

Citing the breadth of the undertaking as the reason, six tradeassociations last week jointly asked FERC to extend by 74 days thedeadline for the gas industry to respond to the major notice ofproposed rulemaking (NOPR) and notice of inquiry (NOI) that wereissued in July.

October 5, 1998

Transportation Note

Citing continuing reduction of capacity by unseasonably hightemperatures, PG&E Gas Transmission-Northwest said it wouldagain be necessary to limit volumes today to 2,450 MMcf/d atKingsgate and to 1,870 MMcf/d at Station 14 (the last one upstreamof Malin) in order to return the system to optimum performance.

September 9, 1998

Citing Thin Margins, CNG Abandons Wholesale Market

Consolidated Natural Gas (CNG) blamed thin margins for its exitfrom wholesale marketing and trading to focus on retail. The shiftin strategy comes on the heels of the March announcement CNG willtake a $20 to $25 million loss in Energy Services to close outelectricity positions. The move could herald the beginning of amarketer shakeout, noted one analyst.

April 22, 1998
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