Holds

PNGTS Holds Open Season for HubLine

Portland Natural Gas Transmission System will hold an openseason from Oct. 1 to Oct. 22 on its PNGTS Pipeline to elicitinterest regarding new transportation services such as access to aninterconnect with Algonquin’s HubLine project, and consequently, tothe lucrative Boston power generation market.

September 30, 1999

Maritimes Holds Open Season for Expansion

The Maritimes & Northeast Pipeline (M&NE) started anopen season yesterday asking for capacity requests from buyersintent on using M&NE’s interconnect with Algonquin’s proposedHubLine project at Salem, MA. Requests will be received throughSept. 30. Maritimes’ Canadian affiliate, Maritimes & NortheastPipeline Limited Partnership, will contemporaneously conduct anopen season for its pipeline in Canada, the company said.

September 2, 1999

Algonquin Holds Open Season for HubLine

Duke Energy’s Algonquin Gas Transmission announced an openseason for its proposed HubLine Pipeline last week. Algonquin beganreceiving offers for capacity on the 600,000 Dth/d HubLine, whichwill connect Algonquin to the proposed Maritimes & Northeastpipeline, on July 20. It will conclude Aug. 12. Service is expectedto commence in 2002 and nominations for services starting atdifferent periods will be accepted and evaluated. If this openseason is deemed successful, Duke will file the project at FERCbefore the end of this year.

July 26, 1999

Algonquin Holds HubLine Open Season

Duke Energy’s Algonquin Gas Transmission announced an openseason for its proposed HubLine Pipeline The open season to acceptcapacity requests began July 20 and concludes on Aug. 12. Servicefor HubLine, which is designed for 600,000 Dth/d, is expected tocommence in 2002 and nominations for services starting at differentperiods will be accepted and evaluated.

July 22, 1999

West’s Friday Hex Holds; East Up on Heat Prospects

In the matchup of East vs. West markets, it was the East by aknockout Friday. While western prices plunged for the thirdstraight weekend, the East relied on existing and predicted hotweather to range from flat to up about a nickel at most points andrealize gains of almost a dime at Northeast citygates. A screenrise of less than a penny was considered a negligible factor inboth regions.

July 19, 1999

FGT Holds Open Season in Face of Two Competitors

Florida Gas Transmission (FGT) is holding an open season through April 30 for another expansion, its Phase V project, an alternative to two major Gulf-crossing pipeline competitors, the Buccaneer and Gulfstream pipelines, proposed by Williams and Coastal, respectively.

March 29, 1999

Northeast Continues Down, Remainder Holds Fast

Cash market prices remained predominantly flat during Tuesday’strading session, mimicking a stagnant Nymex futures screen and heldfast by decreasing demand nationwide. Aside from major Northeasternmarkets, which almost doubled Monday’s declines, cash continuedflat to a penny lower at most trading points.

March 17, 1999

Georgia PSC Holds Back Customer Assignment

Despite three of Atlanta Gas Light’s nine gas customer poolssurpassing the Georgia Public Service Commission’s (GPSC)requirements to become fully competitive, the GPSC has decided notto move forward with the customer assignment process because ofplanned legislation that would declare Atlanta Gas Light’s (AGL)entire service territory competitive possibly as early as thisfall.

February 26, 1999

U.S. Gas Prices Plummet 17% in ’98, But Canada Holds Its Ground

The gas market actually did pretty well last year considering itwas the warmest year on record, but it may take an ice age toreduce the surplus storage gas bequeathed to 1999. Spotdelivered-to-pipeline gas prices in the U.S. averaged $2.02/MMBtuin 1998, down 41 cents, or 17%, from 1997. Some points fared betterthan others and the West generally did better than the East. Canadaactually came out ahead.

January 11, 1999

Cross Bay Holds Open Season for NY Service

Cross Bay Pipeline Co., a limited liability company formed bysubsidiaries of Williams, Duke Energy and KeySpan Energy, announcedit is holding a 30-day open season from Oct. 15 to Nov. 13 todetermine market interest in 125,000 Dth/d of firm capacity to theNew York City metropolitan area.

October 15, 1998