Questar, CIG Team Up to Build New Uinta Pipe

Questar Pipeline Co. and Colorado Interstate Gas (CIG) havesigned an agreement to jointly own a proposed 75-mile interstatenatural gas pipeline extending from the Price Area in eastern Utahto a proposed interconnect with Kern River Gas Transmission Co.(Kern River) near Elberta, UT. The line would have a minimumcapacity of 250,000 Dth/d and would begin service in winter20001-2002.

November 15, 1999

Transportation Notes

Palmetto Interstate Pipeline Co., a partnership of SouthernNatural and Carolina Power & Light, said it is extending itsopen season for firm transportation capacity on its proposed systemuntil June 30. Interested parties should contact Sonat’s MarkLimbaugh at (800) 633-8570 or CP&L’s Rob Caldwell at (919)546-4552. Palmetto is planning to build a line that would run fromSonat’s terminus in Aiken, SC, to an interconnect with NorthCarolina Natural Gas – which is being purchased by CP&L – inRoberson, NC. CP&L plans to subscribe for a substantial portionof Palmetto’s 200 MMcf/d to 300 MMcf/d capacity to fuel newelectric generation being developed in the Carolinas, with theremainder to be used to increase regional gas availability.CP&L said it plans to build 4,000 MW of gas-fueled generationin the Carolinas by 2007. Palmetto said it plans to have Phase I ofits system in service in April 2002 with up to 300 MMcf/d ofcapacity. Two later phases in the following two years would addcapacity to the system.

June 9, 1999

Columbia Accepts Defeat After Dominion Ups Ante for CNG

After extending its unsolicited merger offer for ConsolidatedNatural Gas twice, Columbia Energy finally accepted defeat lastweek, ending a three-month battle with Dominion Resources for CNG’shand. Columbia officially withdrew its $6.7 billion offer lastTuesday following a sweetened merger bid by Virginia Power parentDominion set at $6.4 billion and the CNG board’s unanimous approvalof a revised agreement with Dominion.

May 17, 1999

Bears Show No Doubt in Extending Price Rout

Natural gas futures continued lower yesterday and were able tobreak through a key support level. The June contract finished 4.5cents lower at $2.191 after mapping out a $2.17 low for the day.

May 13, 1999

Columbia Extends Deadline a Week for CNG Bid

Columbia Energy Group said yesterday it is extending the deadlineby seven days to May 10 on its merger proposal with ConsolidatedNatural Gas in response to a data request from CNG’s board. CNG askedfor additional information on a two-way collar mechanism in Columbia’sunsolicited $6.7 billion bid for the company (see Daily GPI, April 20).

May 4, 1999

Transportation Notes

El Paso continued a 30 MMcf/d allocation of the San JuanCrossover through today due to unforeseen problems extendingmaintenance on the Laguna Station (Cibola County, NM) #3compressor. El Paso also postponed maintenance on the WendenStation (La Paz County, AZ) “A” turbine, which had been scheduledearlier this week, to March 16-18 to coincide with a total shutdownof the station March 17. Havasu Crossover capacity will be cut by80 MMcf/d on March 16 and 18 and by 150 MMcf/d on March 17.

February 26, 1998
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