Experience

ExxonMobil Exec: LNG to Bridge the Supply, Demand Gap in Years Ahead

Given an anticipated growth rate of 1.4% annually, the U.S.-Canadian natural gas market could experience a natural gas supply shortfall of about 6 Bcf/d in 2010 and up to 19 Bcf/d by 2020 absent significant contributions by imported liquefied natural gas (LNG), an official with ExxonMobil Gas & Power Marketing said Friday at NGI’s 19th annual GasMart conference in New Orleans.

March 21, 2005

Transportation Notes

Iroquois said Tuesday it is continuing to experience mechanical problems at the Dover and Boonville compressor stations and lower pipeline pressures, prompting it to ask all point operators to be at or below their scheduled volumes through Tuesday’s gas day. Iroquois said it trying to rectify the situation as soon as possible to avoid curtailments of gas moving through the Athens compressor station.

March 16, 2005

WSI’s Seasonal Forecast Calls for Warm March, Cool May

While this winter has been milder than normal in many areas of the country, WSI Corp. said the Northeast could experience a chill this spring. In the company’s just released seasonal forecast for March through May, the forecaster expects the period to average cooler-than-normal temperatures generally north of a boundary that extends from Spokane, WA to Dallas, TX to Washington, DC.

February 28, 2005

WSI’s Seasonal Forecast Calls for Warm March, Cool May

While this winter has been milder than normal in many areas of the country, WSI Corp. said the Northeast could experience a chill this Spring. In the company’s just released seasonal forecast for March through May, the forecaster expects the period to average cooler-than-normal temperatures generally north of a boundary that extends from Spokane, WA to Dallas, TX to Washington, DC.

February 23, 2005

Transportation Notes

Saying its system continues to experience low linepack conditions, Westcoast asked shippers Thursday to ensure that “any accounts in a drafted position are trending toward zero to a slight pack.” It also noted that colder weather is being forecast for the weekend in the British Columbia and Pacific Northwest regions. “Historically, during the first cold snap, production tends to be at risk of falling off,” Westcoast said, and if it observes that production has been lost, a shipper’s account availability may be reduced to match actual production.

December 3, 2004

Transportation Notes

Saying its system continues to experience low linepack conditions, Westcoast asked shippers Thursday to ensure that “any accounts in a drafted position are trending toward zero to a slight pack.” It also noted that colder weather is being forecast for the weekend in the British Columbia and Pacific Northwest regions. “Historically, during the first cold snap, production tends to be at risk of falling off,” Westcoast said, and if it observes that production has been lost, a shipper’s account availability may be reduced to match actual production.

December 3, 2004

Dynegy Begins ‘Bolt-on’ Projects, to Consider ‘Modest’ Acquisitions

Two years after the company suffered from a near-death experience, Dynegy Inc. is now readying “bolt-on” projects to improve its current fleet of generators and natural gas midstream assets, CEO Bruce Williamson said Thursday.

September 13, 2004

Dynegy Begins ‘Bolt-on’ Projects, to Consider ‘Modest’ Acquisitions

Two years after the company suffered from a near-death experience, Dynegy Inc. is now readying “bolt-on” projects to improve its current fleet of generators and natural gas midstream assets, CEO Bruce Williamson said Thursday.

September 10, 2004

INGAA Study: Lag in Gas Project Construction Will Cost Consumers $200B by 2020

Amid projections of continued growth in natural gas demand and tighter supplies, a delay as short as two years in the construction of gas pipelines, storage facilities and liquefied natural gas (LNG) terminals will cost U.S. gas consumers more than $200 billion by 2020, according to a new study released by The INGAA Foundation Monday.

July 26, 2004

INGAA Study: Lag in Gas Project Construction Will Cost Consumers $200B by 2020

Amid projections of continued growth in natural gas demand and tighter supplies, a two-year delay in the construction of gas pipelines, storage facilities and liquefied natural gas (LNG) terminals will cost U.S. gas consumers more than $200 billion by 2020, according to a new study released by The INGAA Foundation Monday.

July 20, 2004