With National Petroleum Council projections that liquefied natural gas (LNG) deliveries into the United States could grow to 15 Bcf/d by 2020 from about 2.5 Bcf/d currently, all of the majors are beginning to take significant positions in the domestic LNG market. ExxonMobil said last month that it is looking at four sites for U.S. LNG terminals (see NGI, Oct. 20), and last week Shell announced its own offshore Louisiana LNG terminal, which would be in direct competition with one already planned by ChevronTexaco.
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Enbridge, Fort Chicago Jockey for Bigger Share of Alliance Pipeline
Houston-based El Paso Corp. announced Friday it has agreed to sell its 14.4% interest in the Canadian and U.S. segments of the Alliance Pipeline, Aux Sable natural gas liquids (NGL) plant and associated facilities to Calgary-based Enbridge Inc. for an estimated $165 million. At the same time, Fort Chicago Energy Partners, also based in Calgary, AB, said it was taking steps to increase its share of the Canada-to-U.S. pipeline.
October 14, 2002
Enbridge, Fort Chicago Jockey for Bigger Share of Alliance Pipeline
Houston-based El Paso Corp. announced Friday it has agreed to sell its 14.4% interest in the Canadian and U.S. segments of the Alliance Pipeline, Aux Sable natural gas liquids (NGL) plant and associated facilities to Calgary-based Enbridge Inc. for an estimated $165 million. At the same time, Fort Chicago Energy Partners, also based in Calgary, AB, said it was taking steps to increase its share of the Canada-to-U.S. pipeline.
October 14, 2002
Futures Traders Jockey for Position Ahead of Floyd
For the second day in a row the futures market probed to eitherside of unchanged yesterday as local traders attempted to influencethe market-first higher, then lower-in choppy, range-bound trading.But for the second day in a row they received little or no helpfrom other market participants, and thus were forced to cover intheir positions before the close. That enabled the October contractto drift quietly lower Monday, closing down 2 cents to $2.781.Estimated volume of 74,785 was well below Friday’s impressive114,000 figure.
September 14, 1999
Usual Suspects Jockey for Top Gas, Power Marketer Slots
The faces in the top half of NGI’s ranking of the top 20 gasmarketers haven’t changed much but their volumes certainly have, insome cases showing substantial growth. And while only one companyjoined the top-10 for the first time in 1998, nearly every one ofthe biggest players saw its position change in the ranking.
February 8, 1999
Usual Suspects Jockey for Top Marketer Slots
The faces among the top half of Daily GPI’s ranking of the top20 gas marketers haven’t changed much but their volumes certainlyhave, in some cases showing substantial growth. And while only onecompany joins the top-10 for the first time, nearly every one ofthe biggest players saw its position change in the ranking. (Seepage 4)
February 5, 1999
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