FERC on Tuesday approved Duke Energy Gas Transmission’s (DEGT) request to begin the pre-filing process for a proposed pipeline header system that would cross portions of Louisiana, Mississippi and Alabama, linking the onshore natural gas supply basins in East Texas and northern Louisiana with growing markets in the Southeast that are now predominantly served by offshore gas from the Gulf of Mexico.
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NorthWestern Reports ’05 Earnings Increase; Merger Due Diligence Ongoing
South Dakota-based NorthWestern Corp. saw consolidated net income rise $55.2 million for 2005 when special items relating to its Chapter 11 filing are excluded. Gross margin growth at all four operating segments and decreased interest expense were credited.
FERC Starts Pre-Filing Process for Kinder Morgan Louisiana Pipe Project
FERC on Friday granted Kinder Morgan Louisiana Pipeline LLC’s request to begin the pre-filing process for a proposed pipeline that would provide service from Cheniere LNG’s 2.6 Bcf/d Sabine Pass import terminal, which is under construction in Cameron Parish, LA.
NGI The Weekly Gas Market Report
Gulf Area Storage: An Open Season and A Filing
Gas storage development moved ahead in the Gulf Coast region last week as one developer announced an open season and another a filing at FERC.
Warm Weather Spurs Elkton Rate Cut in Maryland
Maryland LDC Elkton Gas’ latest rate filing, which took effect Feb. 1, will reduce purchased gas costs by 8%, saving average consumers a projected $17 in February.
Kinder Morgan Seeks Start of Pre-Filing Process for Louisiana Pipe Project
Kinder Morgan Louisiana Pipeline LLC has asked FERC to begin the pre-filing process for its proposed pipeline that would provide service from Cheniere LNG’s 2.6 Bcf/d Sabine Pass terminal now under construction in Cameron Parish, LA.
Rhode Island, Massachusetts Officials Ask Court to Block Weaver’s Cove LNG Project
Rhode Island’s attorney general on Thursday joined the city of Fall River, MA, and the state of Massachusetts in filing a petition in federal court seeking review of a FERC order approving the construction of a liquefied natural gas (LNG) terminal in Fall River.
Calpine CEO Gets $3 Million Contract for 2 Years, Plus Bonuses
Chapter 11 bankruptcy-based Calpine Corp. announced in a federal filing Tuesday that its new CEO Robert P. May has a two-year contract providing $1.5 million annual base salary, a $2 million signing bonus, and the possibility of earning minimum bonuses for the two years of $3.75 million collectively.
Maine LNG Project Starts Pre-Filing Process at FERC
Oklahoma-based Quoddy Bay LLC said it has initiated the environmental pre-filing process at FERC for its proposed $500 million LNG import terminal, which would be located at Split Rock, ME, on the Sipayik reservation of the Passamaquoddy Tribe in Washington County.
FERC OKs Pre-Filing Process for CenterPoint’s Carthage-to-Perryville Pipeline
FERC has initiated a pre-filing process for CenterPoint Energy Gas Transmission’s proposal to build a new 168-mile pipeline between Carthage Hub in East Texas and the Perryville Hub in northeastern Louisiana.