England

Citing the growing need for natural gas supplies in New England, KeySpan LNG LP and BG LNG Services LLC on Thursday asked FERC to reconsider its decision rejecting a proposal to convert a liquefied natural gas (LNG) peak-shaving facility in Providence, RI, to a full-fledged import terminal.

Maritimes & Northeast Pipeline LLC, which transports natural gas from Canada to the New England Corridor, said it is in the “beginning stages” of a plan that will triple the capacity of it 850-mile pipeline to 1.5 Bcf/d from its current capacity of 440 MMcf/d.

Maritimes & Northeast Pipeline LLC, which transports natural gas from Canada to the New England Corridor, said it is in the “beginning stages” of a plan that will triple the capacity of it 850-mile pipeline to 1.5 Bcf/d from its current capacity of 440 MMcf/d.

Sen. Jack Reed (D-RI), who opposes two proposed liquefied natural gas (LNG) import terminals in New England, has introduced legislation that would give the states more power over the authorization of LNG terminals and would place significant new restrictions on the Federal Energy Regulatory Commission’s (FERC) LNG authority.

Sen. Jack Reed (D-RI), who opposes two proposed liquefied natural gas (LNG) import terminals in New England, has introduced legislation that would give the states more power over the authorization of LNG terminals and would place significant new restrictions on the Federal Energy Regulatory Commission’s (FERC) LNG authority.

A full-fledged heat wave across the southern tier of states, getting a modest assist from the previous day’s screen rise, turned the cash market around Wednesday for a mostly mild rally. Even with slight cool downs due Thursday in the Rockies, conditions will remain hot enough that most of the largest gains were recorded in the West.

Buoyed by forecasts calling for record low temperatures in parts of New England over the weekend, the natural gas futures market rocketed to its highest level in 10 months — $7.63 — in Friday morning Access trade. But after notching a gap-higher open for the start of the regular trading session, profit-taking entered the fray, rescinding a portion of the day’s advances.

TransCanada Corp has exercised a right to increase by more than 10% its ownership interest in New England’s Portland Natural Gas Transmission System to 43.42%, purchasing a portion of DTE East Coast Pipeline Co.’s interest in PNGTS for US$47.1 million. The price includes assumption of US$27.8 million in debt.

TransCanada Corp has exercised a right to increase by more than 10% its ownership interest in New England’s Portland Natural Gas Transmission System to 43.42%, purchasing a portion of DTE East Coast Pipeline Co.’s interest in PNGTS for US$47.1 million. The price includes assumption of US$27.8 million in debt.