Delivered

Rhode Island’s Department of Environmental Management (DEM) delivered more bad news to Weaver’s Cove Energy LLC when it denied the company’s request for a permit and water quality certificate to dredge approximately 230,000 cubic yards of the navigation channel in Mount Hope Bay. Dredging is needed to clear the way for tankers to reach the company’s proposed liquefied natural gas (LNG) terminal at Fall River, MA.

Southern California Gas declared a high-linepack OFO for Saturday, saying it would assess Buy-Back charges in accordance with its tariffs to customers who delivered more than 110% of their actual gas usage on the OFO day.

Southern California Gas declared a high-linepack OFO for Saturday, saying it would assess Buy-Back charges in accordance with its tariffs to customers who delivered more than 110% of their actual gas usage into the SoCalGas system on the OFO day.

The U.S. Coast Guard has delivered another blow to the embattled Weaver’s Cove Energy liquefied natural gas (LNG) terminal project, saying its proposal to use smaller LNG tankers was incompatible with the waterway near the proposed site in Fall River, MA.

The U.S. Coast Guard delivered another blow last week to the embattled Weaver’s Cove Energy liquefied natural gas (LNG) terminal project, saying its proposal to use smaller LNG tankers was incompatible with the waterway near the proposed site in Fall River, MA.

Southern California Gas declared a high-linepack OFO for Saturday, saying it would assess Buy-Back charges in accordance with its tariffs to customers who delivered more than 110% of their actual gas usage into its system.

Alaska Gov. Sarah Palin asked state legislators for a redo Friday, as she delivered a revamped natural gas pipeline bill that she said was “fair, transparent and competitive.”

Dominion said it has determined, based upon current and forecasted weather, that hourly quantities delivered to customers at seven delivery areas in New York (Corning Natural Gas, New York State Electric & Gas, Rochester Gas & Electric, Niagara Mohawk, Niagara Mohawk East Gate, Fillmore Gas and National Fuel Gas Distribution) may exceed what it can deliver without jeopardizing its ability to provide firm services to other customers. Each affected customer “will take whatever action it may deem appropriate, including notification of IT shippers” at affected delivery points, Dominion said. The pipeline said Tuesday it was providing four hours of advance notice that it may issue an OFO that would require customers to limit delivery fluctuations to the areas within one hour. See the bulletin board for other information on the potential OFO.

Driven by strong results from its bread-and-butter natural gas pipelines and a 99% success rate in exploratory drilling, El Paso Corp. delivered 18 cents/share quarterly profit on Monday, two cents ahead of Wall Street expectations, and well ahead of the 50 cents/share loss a year earlier. Net income climbed to $126 million, versus a loss of $321 million in 3Q2005, and operating revenue rose 41% to $1.06 billion from $752 million.