Grant

It appears likely that the government of the Bahamas will soon grant final approval to Virginia-based AES Corp.’s proposed LNG terminal on the man-made industrial island of Ocean Cay. “Had the prime minister not taken ill, it probably would have been done this week,” Leslie Miller, Minister of Trade and Industry for the Bahamas, told NGI in an interview on Thursday.

In order to spur more natural gas storage development, FERC should grant independent storage operators “blanket” market-based rate authority, approve waivers of the shipper-must-hold-title and capacity-release regulations, ease the public’s fears associated with the development of new storage facilities, and treat storage facilities as it did liquefied natural gas (LNG) projects nearly two years ago, several independent storage operators told the Commission last week.

In order to spur more natural gas storage development, FERC should grant independent storage operators “blanket” market-based rate authority, approve waivers of the shipper-must-hold-title and capacity-release regulations, ease the public’s fears associated with the development of new storage facilities, and treat storage facilities as it did liquefied natural gas (LNG) projects nearly two years ago, several independent storage operators told the Commission Thursday.

A former El Paso Corp. energy trader and a ex-Dynegy Inc. trader will be tried separately early next year on charges of reporting bogus energy data to an industry publication. A Houston judge set the first trial for Jan. 12, with the second trial scheduled to immediately follow.

Consolidated Edison (Con Edison), which was awarded a $439,999 pipeline safety research contract by the U.S. Department of Transportation (DOT), will work together with Witten Technologies and Electromagnetic Instruments to develop a 3-D digital mapping system for identifying steel and plastic underground equipment, and detecting leaks.

The Connecticut Attorney General’s Office has called on the Federal Energy Regulatory Commission to grant a stay of an order approving the proposed Connecticut-to-New York Islander East Pipeline project, which seeks to deliver natural gas to the expanding Long Island, NY, market.

The Connecticut Attorney General’s Office has called on the Federal Energy Regulatory Commission to grant a stay of an order approving the proposed Connecticut-to-New York Islander East Pipeline project, which seeks to deliver natural gas to the expanding Long Island, NY, market.

Alberta Energy Company Ltd. (AEC) has expanded its NorthAmerican gas storage network with the acquisition of the 15 BcfManchester Gas Storage Facility in Grant County, OK for $42million.

On the heels of a federal judge refusing to force stateregulators to grant immediate rate relief, Southern CaliforniaEdison Tuesday faced some of its major creditors in a conferencecall, looking for more of the same forbearance that generators sofar have extended the cash-starved utility and thesimilarly-situated Pacific Gas and Electric Co.