Completing

NGPL said it is completing all work on the offshore Texas HighIsland Block 71 Lateral and the line will become available for serviceagain today. A leak was discovered Aug. 16 and about 50 MMcf/d ofproduction from three receipt points was scheduled to zero effectiveAug. 18 (see Daily GPI, Aug. 23). NGPLwill begin scheduling gas for the High Island 71 (Torch) and HighIsland 116 (Vasgas) wells today. However, the High Island 139 (Sonat)well has been disconnected and is under evaluation at this time, sountil further notice the pipeline will not schedule gas there.

Kentucky-based LG&E Energy and Powergen plc of the UnitedKingdom came one step closer yesterday to completing their sizablemerger. The Federal Energy Regulatory Commission approved themerger sooner than either company expected.

Kentucky-based LG&E Energy and Powergen plc of the UnitedKingdom came one step closer yesterday to completing their sizablemerger. The Federal Energy Regulatory Commission approved themerger sooner than either company expected.

Completing its quietest last-three-day settlement period inrecent history, natural gas futures moved higher early yesterdayonly to drift lower throughout the afternoon as traders lightenedtheir long exposures. The expiring May contract finished 2.1 centslower at $3.089, but for many the real story was the rest of thesummer strip which slipped an average of 2.9 cents. Estimatedvolume was light for an expiration day with only 90,843 contractschanging hands.

Completing a deal announced last December, El Paso Energy Partners L.P. announced it has assumed control of El Paso Intrastate — Alabama Inc. (EPIA) for $26.4 million from its parent company, El Paso Energy Corp (see Daily GPI, Dec. 27).

Tennessee anticipates completing repairs of a rupture nearHebron Center in northern Pennsylvania around 9 p.m. EST Wednesdayand will accept Cycle 2 nomination increases then if the repairsare finished. Sunday morning’s rupture on the 300 Line is causingrestrictions through Secondary services downstream of Main LineValve 314.

Last week was busy for MidAmerican Energy Holdings, as it movedcloser to completing its sale to Berkshire Hathaway Inc. while alsoannouncing intentions to step up efforts in Illinois’ retail energymarket. Once the merger is finalized, the parent of a utilityserving 653,000 electric customers and 622,000 gas customers inIowa and Illinois will become a privately-held company.

Taking a giant step toward successfully completing a 10-monthquest, Sempra Energy announced last week that the Nova ScotiaUtility and Review Board (URB) has said it will recommend SempraAtlantic Gas as the province’s first-ever gas distributor. Theprovincial government, which has the final say in the matter, saidit would issue a decision in the next three weeks.

Florida Gas Transmission reported completing a maintenance projecton its East White Lake Lateral in southwestern Louisiana well ahead ofschedule and said volumes will be restored to 450,000 MMBtu/d on thelateral’s south end and to 150,000 MMBtu/d on the north end effectivewith the Nov. 24 gas day. The work originally had been expected tolast through Dec. 10 (see Daily GPI, Oct. 19).