Northwest reminded shippers that as the end of its storage injection season (Sept. 30) nears, the pipeline’s flexibility “regarding banking or drafting is very restricted.” Both the Jackson Prairie storage facility and the Plymouth LNG facility are almost at full capacity, Northwest said. It noted that although it maintains storage space at Questar’s Clay Basin facility, Questar is allocating injections on a daily basis, “which limits Northwest’s ability to inject there as well.” Shippers were asked to “make every effort to keep nominated volumes in line with scheduled volumes in order to avoid banking or drafting.”
Injection
Articles from Injection
Cash Softens as Fundamentals Outweigh Screen Rise
Weekend prices bowed under the weight of the umpteenth huge weekly storage injection report and generally mild weather in the key Midwest and Northeast market areas. Despite reports of air conditioning load starting to pick up to near-normal summer levels in the South and Midcontinent, quotes declined between a nickel and 20 cents at most points, with much bigger plunges seen in California.
July 9, 2001
Price Drops Moderate at Most Points, Biggest in California
As expected after the big injection volume in AGA’s weekly storage report and the Nymex downturn in reaction, cash prices resumed softening Thursday at all points. But outside of California declines ranging from nearly a quarter (border-SoCalGas) to a little more than a dollar (Malin), other markets fell generally between a nickel and 15 cents with only a few scattered points exceeding 15 cents.
May 4, 2001
Union Gas Offers, Peak Storage, Interruptible Deliveries
Union Gas Ltd. is offering between 1-2 Bcf of peak storage capacity at its Dawn market hub for injection this summer and withdrawals during the coming winter season.
May 1, 2001
Transportation Notes
Pacific Gas & Electric did not extend a systemwide OFObeyond Wednesday.
November 30, 2000
Transportation Notes
Anticipating that high system linepack will continue through theweekend due to low gas demand and limited storage injectioncapability, Tennessee Tuesday issued an OFO Action Alert to takeeffect with Thursday’s gas day. Customers under Rate Schedules SA,LMS-PA, LMS-MA and transportation contracts not covered by abalancing agreement must keep deliveries into the system less thanor equal to scheduled quantities plus 2% (or 500 dekatherms,whichever is greater); takes from the system must be more than orequal to scheduled quantities minus 2% or 500 dekatherms. Tennesseeexpects the alert to remain in effect into the start of next week.
November 24, 1999
Futures Slow to Recover from Storage Figures
After plunging almost a dime lower in response to alarger-than-expected storage injection Wednesday afternoon, thefutures market shuffled sideways yesterday in ahurricane-abbreviated trading session. Traders were unable to gleanmuch fundamentally positive out of a natural gas market that isfaced with mild temperatures and little or no hurricane activity inthe wake of Floyd. The October contract finished at $2.546, down8.2-cents from Wednesday’s close.
September 17, 1999
Industry Briefs
Union Gas announced the availability of 2 Bcf of peak storage atthe Dawn Market Hub. The storage permits summer 1999 injection and1999-2000 winter withdrawal. The storage capacity will be awardedbased on a bidding process. All bids are due by 1 p.m. EST onFriday, May 21. The high bidders will be awarded the capacity by 3p.m. EST that same day. The storage hub has six pipelineinterconnects and easy access to 15 pipeline and distributioncompanies, Union Gas said. The complex has a working capacity of130 Bcf and can deliver 2 Bcf/d for customers.
May 20, 1999
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