A report in NGI’s Daily Gas Price Index Wednesday on local opposition to the environmental review of BHP Billiton’s proposed offshore liquefied natural gas (LNG) receiving terminal in the Pacific Ocean off Southern California mistakenly linked the Australian company to a competing offshore LNG proposal in the same general area. The other project in the area, the Clearwater Port, which is backed by NorthernStar Natural Gas Inc., proposes to transform an idle offshore oil rig into an LNG terminal. The local opposition pertains to BHP Billiton’s proposed terminal, Cabrillo Port, which would be a floating terminal. In addition, among references to proposed air emission mitigation measures proposed by BHP, NGI erroneously reported that the project would involve the conversion of existing polluting diesel-powered tugboats to natural gas. According to a Houston-based BHP Billiton spokesperson, the company has proposed changing out those tugboats to run on state-of-the-art clean diesel engines — not natural gas-fired ones. NGI regrets the errors.
Index
Articles from Index
Correction
In the story titled “El Paso Takes New Precautions in Preparation for Another Active Hurricane Season,” which ran in the April 13 edition of NGI’s Daily Gas Price Index, it was incorrectly reported that El Paso “was forced to sell off assets, issue debt and enter into new credit facilities to maintain liquidity while paying” for hurricane repairs. The hurricane costs were only one of the factors influencing liquidity. Other factors, including oil and gas derivative transactions put in place in prior years, also had an impact, creating the need to sell assets, issue debt and enter into new credit facilities.
Ex-Reliant Gas Trader Given Maximum 57-Month Prison Sentence
A former natural gas trader for Reliant Energy on Tuesday received the maximum 57-month prison sentence for providing false trading data to index publishers in 2000. Jerry Futch pleaded guilty last year, but he had asked the court to throw out his indictment last month (see Daily GPI, Feb. 15).
Transportation Notes
Gulf South made another change in the pigging schedule for its 12-inch diameter Index 131 from Lafayette to Weeks Island in South Louisiana (see Daily GPI, Jan. 23). The work, which began Jan. 18, has been extended through Friday of this week and will resume for one day next Tuesday.
Correction:
Doug Krenz, vice president of transportation for Enbridge, was misidentified as an Enterprise Products Partners executive in an article that ran in NGI’s Daily Gas Price Index on Oct. 13 (see Daily GPI, Oct. 13). NGI regrets the mistake and will run a corrected and updated version of the story in Natural Gas Intelligence, the weekly newsletter.
Clarification
A report in Tuesday’s edition of NGI’s Daily Gas Price Index cited a recent analysis of the comprehensive energy bill by the Energy Information Administration (EIA) (see Daily GPI, Aug. 2). In analyzing the impacts of the energy bill, EIA focused on the bill that was passed by the House of Representatives last April rather than the version of energy bill that was approved by Congress last week. The EIA said it would have drawn different conclusions about the final version of the energy bill, which was substantially different that the earlier House version of the legislation.
Transportation Notes
Gulf South declared force majeure as it began performing unscheduled maintenance Thursday on its Index 129 segment south of Edna Compressor Station in Jackson County, TX. The work affects its ability to provide service at 17 area meters, Gulf South said. At first the pipeline expected to finish the maintenance by Saturday, but in a later update it revised the estimated completion to the start of Sunday’s gas day.
Transportation Notes
Gulf South began unscheduled maintenance Wednesday on its Index 64 segment that will continue until further notice. It said the force majeure event will affect its ability to provide service to Louisiana Pacific’s Jasper Mill in Jasper County, TX.
Transportation Notes
Gulf South declared force majeure conditions Tuesday when it began unscheduled maintenance on its Index 381-23 segment that will last until further notice. The pipeline said the work will affect its abilities to make deliveries at the Vicksburg, MS citygate.
Transportation Note
Gulf South pushed up the start of this week’s maintenance on its Index 8 segment in East Texas, originally set for 7 a.m. CST (see Daily GPI, Jan. 6), to Monday at 7 a.m. The work is still expected to last about 48 hours.
