El Paso Natural Gas has received approval from the U.S. Departmentof Transportation’s Office of Pipeline Safety (OPS) to conduct moreinternal inspections on its rebuilt New Mexico pipeline, whichruptured August 19 killing 11 people (see Daily GPI, Aug. 22). Since the explosion, flowsthrough the line, which runs from West Texas to California, have beenreduced to 85% capacity, or about 920 MMcf/d.
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El Paso Proceeding with NM Pipe Integrity Testing
El Paso Natural Gas has received approval from the U.S. Department of Transportation’s Office of Pipeline Safety (OPS) to conduct more internal inspections on its rebuilt New Mexico pipeline, which ruptured August 19 killing 11 people (see NGI, Special Report). Since the explosion, flows through the line, which runs from West Texas to California, have been reduced to 85% capacity, to a rate of about 920 MMcf/d.
Dominion Announces Open Season to Leidy
Dominion Transmission will conduct an open season for an upgradeof its system to provide 300 MMcf/d of new firm transportation fromCanadian and Midwestern points to the Leidy, PA, hub forconnections to major markets in the Northeast.
Virginia Gas Co. Explores Strategic Options
Virginia Gas Co., a small integrated natural gas companyoperating in the southwestern tip of Virginia, has selectedOppenheimer Corp. as its financial advisor to conduct an evaluationof the company, its subsidiaries and affiliates, and strategicalternatives available.
Virginia Gas Co. Explores Strategic Options
Virginia Gas Co., a small integrated natural gas companyoperating in the southwestern tip of Virginia, has selectedOppenheimer Corp. as its financial advisor to conduct an evaluationof the company, its subsidiaries and affiliates, and strategicalternatives available.
Prices Fall Back in Absence of Storm Threat
Traders finally got a chance to conduct business Monday for whatseemed like the first day in September with no tropical stormsimmediately threatening, disrupting or starting to move on afterhaving disrupted Gulf of Mexico production. “It was nice to have alittle window with nothing [storm-related] imminent,” one soucesaid. Cash prices reacted to what has been generally bearishfundamentals all along with declines of between a nickel and eitherside of a dime.
AGA Suggests LDC Marketing Affiliate Guidelines
The American Gas Association is seeking to get its two cents’worth in on the conduct of affiliated marketers by adopting eightprinciples intended to guide state officials in policymaking. “AGAbelieves that state officials already have ample authority toreview relationships between natural gas utilities and theiraffiliates,” said Miriam Swydan Erickson, AGA senior director ofgovernment relations. “The new AGA principles are intended toassist state regulators considering additional rules.”