Tag / Fate



NE Hub Hangs on Consultant’s Recommendations

Reed Consulting is scheduled to deliver analysis to FERC todaythat will decide the fate of the proposed NE Hub, a major saltcavern storage facility and market hub that would add 500 MMcf/d ofdaily deliverability to the gas grid in northern Pennsylvania. Butan eleventh-hour motion by CNG Transmission, a competitor of theproject, could influence and delay the outcome.

August 28, 1998

Tarragon Shareholders OK Acquisition

Shareholders of Canada’s Tarragon Oil and Gas Ltd. yesterdayapproved the indirect acquisition of their company by Marathon Oilfor an estimated $1.1 billion. Still, the final fate of the mergerwas up to the Ontario Court (General Division), which was expectedto issue a favorable decision either late Tuesday or today.

August 12, 1998

PA PUC May Get New Line-up

The fate of open access for natural gas and electricityregulation in the Commonwealth of Pennsylvania may be largelydecided this week if, as rumored, Gov. Tom Ridge names areplacement for trail-blazing Public Utilities Commissioner JohnHanger.

May 18, 1998
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