Estimated

FERC last Tuesday approved the sale of 254 miles of Southern Natural Gas Co.’s pipeline system to Atlanta Gas Light Co. (AGL) for an estimated $32 million. The pipelines sold include various segments serving Atlanta, GA.

FERC on Tuesday approved the sale of 254 miles of Southern Natural Gas Co.’s pipeline system to Atlanta Gas Light Co. (AGL) for an estimated $32 million. The pipelines sold include various segments serving Atlanta, GA.

Dominion Resources last week said it completed the sale of the majority of its natural gas and oil assets in British Columbia for an estimated C$584 million (US$476 million). The sale consisted of five separate transactions.

Dominion Resources said Monday it completed the sale of the majority of its natural gas and oil assets in British Columbia for an estimated C$584 million (US$476 million). The sale consisted of five separate transactions.

To reflect the lower estimated cost of natural gas for the remaining winter heating season, gas rates were immediately lowered about 11% for Laclede Gas Co.’s 631,000 customers, the customers, according to a filing reviewed and accepted by the Missouri Public Service Commission (PSC). Residential customers currently pay $0.83/therm, and the new rate will decrease to $0.71/therm.

AGL Resources Inc. announced Tuesday that it has completed its acquisition of New Jersey-based NUI Corp. in a deal that has been estimated at $691 million (see Daily GPI, July 16). AGL paid $13.70 per share in cash and assumed NUI’s debt at closing.

AGL Resources Inc. announced Tuesday that it has completed its acquisition of New Jersey-based NUI Corp. in a deal that has been estimated at $691 million (see Daily GPI, July 16). AGL paid $13.70 per share in cash and assumed NUI’s debt at closing.

Although they allowed some mathematical corrections sought by the utility, the Idaho Public Utilities Commission last Wednesday denied a request for reconsideration by Avista Utilities’ for its full cost recovery of a natural gas supply deal and cost overruns at the utility’s Boulder Park generation project in Spokane, WA. The computational corrections will have no immediate impact on Avista’s utility rates in Idaho, the PUC said.

Although they allowed some mathematical corrections sought by the utility, the Idaho Public Utilities Commission last Wednesday denied a request for reconsideration by Avista Utilities’ for its full cost recovery of a natural gas supply deal and cost overruns at the utility’s Boulder Park generation project in Spokane, WA. The computational corrections will have no immediate impact on Avista’s utility rates in Idaho, the PUC said.