Conversion

Enterprise Products Partners LP last Monday said its subsidiary, Petal Gas Storage LLC of Petal, MS, will hold a non-binding open season for up to 5 Bcf of firm natural gas storage capacity that is expected to be available in the fourth quarter of 2007. The company also will hold a concurrent non-binding open season for up to 500 MMcf of firm transportation on its mainline pipeline (Line 100).

While KeySpan LNG has filed a federal court lawsuit to smooth the path for its proposed Rhode Island LNG import terminal, FERC Chairman Pat Wood is taking a jawboning approach, setting a meeting in Washington later this month with federal and state political leaders.

While KeySpan LNG has filed a federal court lawsuit to smooth the path for its proposed Rhode Island LNG import terminal, FERC Chairman Pat Wood is taking a jawboning approach, setting a meeting in Washington later this month with federal and state political leaders.

FERC has approved Northwest Pipeline’s request to downsize a planned lateral in Washington State following a move by Northwest Power Co., the original anchor shipper, to back out of the project.

FERC has approved Northwest Pipeline’s request to downsize a planned lateral in Washington State following a move by Northwest Power Co., the original anchor shipper, to back out of the project.

While many El Paso Natural Gas shippers were thankful that the contract conversion on Sept. 1 finally ended years of nomination cuts on the system, a new FERC order could lead to new constraints and may bring back nomination cuts in a hurry, according to some observers.

While many El Paso Natural Gas shippers were thankful that the contract conversion on Sept. 1 finally ended years of nomination cuts on the system, a new FERC order could lead to new constraints and may bring back nomination cuts in a hurry, according to some observers.

The Department of Energy (DOE) announced late last month that Houston-based Conversion Gas Imports LLC (CGI) has reported its findings on the “Bishop Process” — a novel method of unloading and regasifying liquefied natural gas (LNG) directly from ocean tankers for storage in underground salt caverns. The DOE said initial indications are that a salt cavern-based LNG terminal can be built at about half the cost and twice the capacity of a conventional liquid tank terminal.

The Department of Energy (DOE) announced late last month that Houston-based Conversion Gas Imports, LLC (CGI) recently reported its findings on the “Bishop Process” — a novel method of unloading and regasifying liquefied natural gas (LNG) directly from ocean tankers for storage in underground salt caverns. The DOE said initial indications are that a salt cavern-based LNG terminal can be built at about half the cost and twice the capacity of a conventional liquid tank terminal.