Delay

Islander East Pipeline Co. LLC and Algonquin Gas Transmission Co. have asked FERC for a one-year extension to complete construction of their companion pipeline projects in light of the hurdles that Islander East has faced in obtaining state permits for its Connecticut-to-Long Island natural gas line.

Continuing gas demand growth in the Northeast along with the failure or delay of several previously proposed pipelines has left the region in serious need of new pipeline capacity. Transcontinental Gas Pipe Line said last week the timing may be right for another expansion of its mainline and its Leidy Line from the Leidy Hub in Pennsylvania to markets in New York and New Jersey.

Continuing gas demand growth in the Northeast along with the failure or delay of several previously proposed pipelines has left the region in serious need of new pipeline capacity. Transcontinental Gas Pipe Line said Monday the timing may be right for another expansion of its mainline and its Leidy Line from the Leidy Hub in Pennsylvania to markets in New York and New Jersey.

Excelerate Energy CEO Kathleen Eisbrenner said last week that she expects deliveries to the company’s offshore Louisiana LNG terminal to begin sometime in 2005 but the company still has not lined up any long-term supply or market agreements. The Gulf of Mexico Energy Bridge project will be the first new LNG terminal built in the United States in 20 years and the first offshore LNG terminal in the world.

Excelerate Energy CEO Kathleen Eisbrenner said this week that she expects LNG deliveries to begin sometime in 2005 to the first new LNG terminal in the United States in 20 years and the first offshore LNG terminal in the world. However, the company still has not lined up any long-term supply or market agreements.

American Electric Power Co. (AEP) on Tuesday requested another week to respond to charges by the Commodity Futures Trading Commission (CFTC) that it intentionally reported bogus natural gas trading information to industry publications. AEP’s deadline to respond was Tuesday (Jan. 6).

FERC should put off finalizing its proposed rules on price reporting to publications until it has a chance to evaluate how well its voluntary guidelines are succeeding, producers said in comments filed Monday (RM03-10). If the Commission does proceed with its proposed amendments to blanket certificates, it needs to refine its definitions of prohibited behavior, producers and others said.

A recent move by Duke Energy to delay bringing into service a 620 MW power plant in Virginia and a separate decision by a Cogentrix Energy unit to scrap plans to build a 1,100 MW plant in the state won’t effect Duke Energy Gas Transmission’s (DEGT) ongoing Patriot pipeline extension, a DEGT spokesperson told NGI last week.

A recent move by Duke Energy to delay bringing into service a 620 MW power plant in Virginia and a separate decision by a Cogentrix Energy unit to scrap plans to build a 1,100 MW plant in the state won’t effect Duke Energy Gas Transmission’s (DEGT) ongoing Patriot pipeline extension, a DEGT spokesperson told NGI on Monday.