Deflects

Atlantic LNG Deflects Criticism Over Profiting from More U.S. Cargoes

Atlantic LNG said last week that it has not been approached by the government of Trinidad and Tobago to discuss any changes to its existing liquefied natural gas (LNG) contracts, despite claims earlier in the week by Trinidad Energy Minister Eric Williams that the company has not been passing along profits garnered from shifting LNG shipments to the premium U.S. market from Spain.

October 25, 2004

Atlantic LNG Deflects Criticism Over Profiting from More U.S. Cargoes

Atlantic LNG said Wednesday that it has not been approached by the government of Trinidad and Tobago to discuss any changes to its existing liquefied natural gas (LNG) contracts, despite claims earlier this week by Trinidad Energy Minister Eric Williams that the company has not been passing along profits garnered from shifting LNG shipments to the premium U.S. market from Spain.

October 21, 2004

El Paso Deflects Charges of Marketing Affiliate Abuse

El Paso and its marketing affiliate El Paso Merchant Energystill face charges of market manipulation through pipeline capacity”hoarding” in a case pending before FERC despite the pipelinecompany’s recent decision to divvy up 1.2 Bcf/d of firm capacityheld by its affiliate among 30 different marketers. Merchant Energyrelinquished all but 277 MMcf/d of firm space on its affiliatedpipeline (see Daily GPI, March 2).

March 7, 2001