Jumped

Coral Energy jumped head first into a new arena last Friday withits 2.8 Bcf purchase of liquefied natural gas (LNG) from MalaysiaLNG Sdn. Bhd. The shipment will be delivered to CMS’ Lake Charles,LA, LNG import facility later this month. Terms of the transactionwere not released.

CMS Marketing, Services and Trading (CMS-MST), has jumped on thebandwagon of offering municipal customers prepaid gas supply totake advantage of low municipal bond interest rates.

Undeterred by those who have gone before it and failed, KNEnergy jumped into the fray with a pipeline project to servenorthern Illinois and southern Wisconsin.

CMS Energy Corp.’s energy marketing business, CMS Marketing,Services and Trading (CMS-MST), has jumped on the bandwagon ofoffering municipal customers prepaid gas supply to take advantageof low municipal bond interest rates.

A strong performance by Columbia Energy Group’s transmission,distribution, and exploration and production operations last yearin spite of 17% warmer than normal weather and lower commodityprices was significantly tainted by several major blunders in itsenergy marketing operations.

Mississippi River Transmission (MRT) may have jumped the gun abit when it proposed to hold auctions as part of a new method ofawarding capacity to shippers on its pipeline system. But thecompany said it shouldn’t be punished for coming up with the ideaprior to the release of FERC’s Notice of Proposed Rulemaking(NOPR), in which short-term capacity auctions are a major issue.