Delivery

The Public Utilities Commission of Ohio (PUCO) last week signed off on Vectren Energy Delivery of Ohio’s (VEDO) selection of Interstate Gas Supply Inc. (IGS) as the alternative natural gas supplier for the company’s Percentage of Payment Plan (PIPP) customers.

The power delivery system in Texas is in “excellent” shape compared with other states, but that said, reducing transmission constraints remains key to continued reliability, according to the latest study by the state’s grid operator, the Electricity Reliability Council of Texas (ERCOT). As ERCOT noted, most of the additional transmission facilities it expects to need in the next few years would be required whether or not the state had chosen to deregulate its electricity market because of growth in major regions, as well as strong demand.

If the projections of a leading industry analyst are correct, the robust prices of gas for fall delivery may be trading as much as 70 cents lower upon expiration, mainly because of the gas storage situation.

Notes: Prices are in U.S. $/MMbtu for dry gas traded on Thursday May 23, 2002 for May delivery. Dashes in the change column indicate that insufficient information was collected to update the corresponding price. Comma delimited format (Premium Service)Tab delimited format (Premium Service) ©Copyright 2002 Intelligence Press, Inc. All rights reserved. The preceding news report…

The first delivery losses due to Tropical Storm Barry were reported late Friday as high winds drove heavy seas through the oil and gas producing area in the eastern Gulf of Mexico.

The proposed North Baja Pipeline for gas delivery to the southwestern United States and northern Mexico has gotten a preliminary environmental go-ahead from FERC staff, the Interior Department’s Bureau of Land Management (BLM) and the California State Lands Commission (CSLC).

The proposed North Baja Pipeline for gas delivery to the southwestern United States and northern Mexico has gotten a preliminary environmental go-ahead from FERC staff, the Interior Department’s Bureau of Land Management (BLM) and the California State Lands Commission (CSLC).

FERC last Wednesday signed off on a proposal by El Paso Natural Gas to construct and operate two delivery point facilities and about six miles of lateral pipeline to supply a total of 620 MMcf/d of gas to two power plants in Arizona. At the same time, the Federal Energy Regulatory Commission said that issues raised by several producers related to a full requirements contract involving Pinnacle West Energy should be addressed in a separate forum.

FERC yesterday signed off on a proposal by El Paso Natural Gas to construct and operate two delivery point facilities and about six miles of lateral pipeline to supply a total of 620 MMcf/d of gas to two power plants in Arizona. At the same time, the Federal Energy Regulatory Commission said that issues raised by several producers related to a full requirements contract involving Pinnacle West Energy should be addressed in a separate forum.