Director

Shippers hoping to line up firm capacity to California on ElPaso better be ready to fight for it, according to Jerry Strange,El Paso director of transportation marketing.

Christine Hansen, Interstate Oil and Gas Compact Commission(IOGCC) executive director since 1993, was named to the newCommittee on Natural Gas for the National Petroleum Council (NPC).The committee, formed at the request of U.S. Secretary of EnergyBill Richardson, has been charged with a reassessment of its 1992study “Potential of Natural Gas in the United States,” and willreport back to Richardson by mid-1999.The study will focus on thecapability of the industry to meet growing gas demands and alsowill compare the 1992-98 actual supply-demand with projections madein the 1992 study.

Anyone working for a gas company today won’t be in a few yearsif a prediction of BT Alex Brown Managing Director Edward TirelloJr. comes true. “On convergence, I believe that the electriccompanies will buy up all of the gas companies over the next fiveyears, and that will be the end of it.”

Anyone working for a gas company today won’t be in a few yearsif a prediction of BT Alex Brown Managing Director Edward TirelloJr. comes true. “On convergence, I believe that the electriccompanies will buy up all of the gas companies over the next fiveyears, and that will be the end of it.”

Minerals Management Service Director Cynthia Quartermanestimated the federal government would lose $500 million/year if aroyalty-in-kind programs were instituted for oil and gas producers.The projected revenue loss plus her claim that MMS already has thelegal authority to collect royalties in kind were reasons cited forthe agencies opposition to legislation recently proposed by Rep.Mac Thornberry (R-TX) that would replace the current gross proceedsroyalty collection program with RIK.