Expansion

Egan Storage Expansion OK’d by FERC

FERC yesterday gave Egan Hub Partners L.P. the green light to expand the maximum operating capacity of its two-cavern facility in Louisiana by 5.5 Bcf.

June 14, 2001

Mojave Pipeline Eyes Expansion to Sacramento

El Paso Corp. is continuing to look for ways to incorporate the All American Pipeline assets it purchased last year from Arco into its California pipeline systems. The company announced that its Mojave Pipeline subsidiary is holding an open season to support expansions to serve central California.

May 14, 2001

Mojave Pipeline Eyes Expansion to Sacramento

El Paso Corp. is continuing to look for ways to incorporate the All American Pipeline assets it purchased last year from Arco into its California pipeline systems. The company announced that its Mojave Pipeline subsidiary is holding an open season to support expansions to serve central California.

May 14, 2001

North American E&P Boosts Services’ Earnings

The rapid expansion of North American exploration and production led to substantially improved oilfield services results during the first quarter. Schlumberger’s income, for example, rose 92% from 2000, while other providers, including Nabors Industries and Patterson Energy, also showed rapid growth.

April 23, 2001

Transportation Notes

Natural Gas Pipeline Company of America (NGPL) is proposing an expansion and extension of its existing system in northeastern Illinois to serve a planned new electric power plant, which will be constructed to meet a spring, 2003 in-service date. An open season started April 13 and will close at 5 p.m. CT on Friday, April 27. Natural proposes to expand the capacity of its Volo lateral (starting at Compressor Station 113), North Chicago, and Moraine Lateral by 75,000 Dth/d with the addition of compression. Also, a new eleven-mile, 20-inch lateral with a design capacity of 75,000 Dth/d would be built east from the Moraine Lateral to the site of a planned 550 MW electric power plant in the city of Waukegan, IL. Shippers must return an executed precedent agreement for a minimum of 16 years. Natural has proposed a negotiated rate including a fixed reservation charge of$4.5626 per Dth of contract maximum daily quantity, a maximum commodity rate for an Iowa-Illinois receipt to a Market zone delivery, which is currently $0.0021 per Dth in the peak period and $0.0005 during the off-peak period, plus a tariff fuel rate for an Iowa-Illinois to Market Zone delivery (currently 1.81%). For further information contact David E. Oros at (630) 691-3196.

April 17, 2001

FERC Gives Thumbs Up to Tetco Expansion

FERC last week gave Texas Eastern Transmission Corp. the go-ahead to build a lateral in western Pennsylvania to provide direct natural gas service to a new generation plant that is under construction by Liberty Electric Power LLC, which is owned by Orion Power Holdings Inc. in Baltimore.

April 16, 2001

FERC Gives Thumbs Up to Tetco Expansion

FERC yesterday gave Texas Eastern Transmission Corp. the go-ahead to build a lateral in western Pennsylvania to provide direct natural gas service to a new generation plant that is under construction by Liberty Electric Power LLC, which is owned by Orion Power Holdings Inc. in Baltimore.

April 16, 2001

EIA: Gas Takes Bigger Share Long-Term

A higher rate of economic growth will lead to a greaterexpansion in natural gas use than previously forecast over the next20 years — to 34.7 Tcf/ year in 2020, up from 31.5 Tcf — and a10% increase in projected prices — from $2.81/Mcf to $3.13,according to the Energy Information Administration’s latest report.

December 4, 2000

EIA: Gas Takes Bigger Share Long-Term

A higher rate of economic growth will lead to a greaterexpansion in natural gas use than previously forecast over the next20 years — to 34.7 Tcf/ year in 2020, up from 31.5 Tcf — and a10% increase in projected prices — from $2.81/Mcf to $3.13,according to the Energy Information Administration’s latest report.

November 28, 2000

Nicor Responds to Critics of Choice Program

In response to suspension of the expansion of its natural gas customer choice program by the Illinois Commerce Commission two weeks ago, Nicor Energy released a statement expressing its concern over the situation. The supplier also responded to negative claims made by the Citizens Utility Board (CUB), a non-profit utility watchdog group formed in Illinois in 1983.

October 2, 2000