Coastal

Where is the love? Coastal’s ANR Pipeline and backers of theGuardian Pipeline, which challenges ANR’s Wisconsin, were at itagain last week, sniping at each other via press release.

Coastal’s ANR Pipeline is continuing its battle against aproposed pipeline that would challenge its dominance of theWisconsin market. ANR is calling for backers of the GuardianPipeline project to make costs of the project public to provewhether it would reduce Wisconsin gas prices.

Coastal’s Empire State Pipeline and CNG Transmission Corp.jointly announced the start of service at a new interconnectionnear the town of Lysander, NY yesterday.

Coastal’s Wyoming Interstate Co.’s Medicine Bow Lateral is online and flowing gas out of the Powder River Basin. While the pipeis not full, industry players with their eyes on the Powder RiverBasin expect producers will be ramping up production to takeadvantage of the additional capacity.

Coastal’s Wyoming Interstate Co. has completed construction ofits Medicine Bow Lateral pipeline and begun moving gas. “Wereceived excellent customer response to this project from the verybeginning, and we now are ready to move more of their Powder RiverBasin gas to market,” said Jon Whitney, CEO of Colorado InterstateGas (CIG), which operates Wyoming Interstate (WIC).

In its latest attack on the competing Guardian Pipeline project,Coastal Corp. affiliate American Natural Resources (ANR) maintainsdata from the Wisconsin Public Service Commission show Guardian’stransportation rate would be more than 30% higher than the rateoffered by ANR.

In its latest attack on the competing Guardian Pipeline project,Coastal Corp. affiliate American Natural Resources (ANR) maintainsdata from the Wisconsin Public Service Commission show Guardian’stransportation rate would be more than 30% higher than the rateoffered by ANR.

Coastal’s ANR Pipeline Co. said yesterday that its proposedexpansion, the Wisconsin 2000 project, received a favorableenvironmental assessment from the FERC staff. Joe Martucci, aspokesman for the company said the project is on track and expectsfinal FERC approval early in 2000.

In an effort to increase their access to deep-water gas, TheCoastal Corp. announced last week that subsidiaries of ANR Pipelineentered in a series of agreements under which they collectivelyhave become joint owners in a new holding company, DeepwaterHoldings L.L.C. The financial terms were not disclosed.