Conversion

FERC commissioners last week endorsed an inquiry into a staff proposal that calls for the Commission to convert full requirements (FR) service on the El Paso Natural Gas system to contract demand (CD) service, a move that potentially could resolve a long-simmering dispute over capacity allocation on the pipeline.

FERC commissioners Wednesday endorsed an inquiry into a staff proposal that calls for the Commission to convert full requirements (FR) service on the El Paso Natural Gas system to contract demand (CD) service, a move that potentially could resolve a long-simmering dispute over capacity allocation on the pipeline.

With natural gas as its standard bearer and its sights set on the energy-starved East Coast, KeySpan Corp. announced it is now 8% ahead of its 2001 goal to add $60 million to its gross profit margin through gas conversions on Long Island and the Boston area, and is on target to reach about 90% of the home heating market in the Long Island region within the next few years. The company is now involved in four pipeline projects, and has set a goal to deliver almost 1 Bcf/d to the eastern suburbs of New York City.

With natural gas as its standard bearer and its sights set on the energy-starved East Coast, KeySpan Corp. announced it is now 8% ahead of its 2001 goal to add $60 million to its gross profit margin through gas conversions on Long Island and the Boston area, and is on target to reach about 90% of the home heating market in the Long Island region within the next few years. The company is now involved in four pipeline projects, and has set a goal to deliver almost 1 Bcf/d to the eastern suburbs of New York City.

California regulators are getting backlogged with key issues they must resolve in the increasingly complex and tight time frame that is left to fashion an economic solution to the state’s energy woes–regardless of how events unfold at the federal level. There is little more than a month for actions that would keep on track the state’s proposed bond sale, which now is slated for late summer or early fall.

A top-level FERC staffer last week asked El Paso Natural Gas toconsider switching its Line 2000 crude-oil conversion from areplacement project to an expansion of its existing system to easepipeline capacity constraints to the California border.

A key FERC staffer this week asked El Paso Natural Gas toconsider switching its Line 2000 crude-oil conversion from areplacement project to an expansion of its existing system to easepipeline capacity constraints to the California border.

Tenaska Alabama Partners LP said last week it executed a fuelconversion services agreement with Williams’ energy marketing andtrading unit for the entire electrical production of the plannedTenaska Lindsay Hill generating station. Under the long-termservice agreement, the Tenaska facility will convert fuel owned andsupplied by Williams into electricity, which will be marketed byWilliams throughout the Southeast region’s wholesale power market.Terms of the agreement were not disclosed.

Tenaska Alabama Partners LP announced it has executed a fuelconversion services agreement with Williams’ energy marketing andtrading unit for the entire electrical production of the plannedTenaska Lindsay Hill generating station. Under the long-termservice agreement, the Tenaska facility will convert fuel owned andsupplied by Williams into electricity, which will be marketed byWilliams throughout the Southeast region’s wholesale power market.Both companies would not disclose the terms of the agreement or theprojected amount of gas the facility will consume.