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.
Demand
Articles from Demand
Lehman Increases Price Forecasts through 2005
Continued strength in oil prices, strong demand growth, limited spare capacity within OPEC and ongoing challenges to grow production and add reserves have led Lehman Brothers to once again raise oil and gas price forecasts through 2005.
June 7, 2004
EPL Ups E&P Budget to Focus on Production
Looking to step up its production to help meet natural gas demand, Energy Partners Ltd. (EPL) said last week that its board of directors has approved a 16% increase in its 2004 exploration and development budget from $125 million to $145 million.
May 24, 2004
EPL Ups E&P Budget to Focus on Production
Looking to step up its production to help meet natural gas demand, Energy Partners Ltd. (EPL) said Wednesday that its board of directors has approved a 16% increase in its 2004 exploration and development budget from $125 million to $145 million.
May 20, 2004
Transportation Notes
Florida Gas Transmission issued an overage alert day at 5% tolerance on Monday as market area line pack fell and demand increased.
May 4, 2004
New York Regulations Hinder LNG Transport, Terminal Development
In order to serve continuing gas demand growth in the already constrained New York City area, the state and city must reconsider current regulatory obstacles to the expanded use of liquefied natural gas (LNG), according to a new report by the Center for Management Analysis (CMA) at the C.W. Post Campus of Long Island University in Brookville, NY.
May 3, 2004
New York Regulations Hinder LNG Transport, Terminal Development
In order to serve continuing gas demand growth in the already constrained New York City area, the state and city must reconsider current regulatory obstacles to the expanded use of liquefied natural gas (LNG), according to a new report by the Center for Management Analysis (CMA) at the C.W. Post Campus of Long Island University in Brookville, NY. LNG will play an increasingly important role in providing gas supply to the nation, but no LNG import terminals are currently located in New York, the fourth largest gas consuming state in the nation and the third largest for residential gas consumption. Spot gas prices last winter reached record levels in the state, higher than $70/MMBtu. If the state and metropolitan New York City expect to benefit from LNG, the rules and regulations governing the fuel will have to be revised, according to CMA.
April 30, 2004
Greenbrier Seeks Two-Year Delay to Build Mid-Atlantic Pipe
Apparent soft demand in the Mid-Atlantic market has forced Greenbrier Pipeline Co. LLC to ask FERC for a two-year extension to build and put into operation its proposed 279-mile pipeline that’s intended to serve local distributors and power generators in the region. This comes after Greenbrier announced an indefinite delay of the project in November.
April 19, 2004
Greenbrier Seeks Two-Year Delay to Build Mid-Atlantic Pipe
Apparent soft demand in the Mid-Atlantic market has forced Greenbrier Pipeline Co. LLC to ask FERC for a two-year extension to build and put into operation its proposed 279-mile pipeline that’s intended to serve local distributors and power generators in the region. This comes after Greenbrier announced an indefinite delay of the project in November.
April 16, 2004
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