Letter

ConfirmHub LLC said last week that Nymex Holdings Inc., parent company of the New York Mercantile Exchange Inc. (Nymex), has signed a letter of intent to join Amerex, GFI Group, ICAP Energy, Tullett & Prebon Energy, TFS Energy and Spectron in support of the ConfirmHub standard, which is the industry effort to provide standardized format delivery of confirmations via a single secure interface.

ConfirmHub LLC said Thursday that Nymex Holdings Inc., parent company of the New York Mercantile Exchange Inc. (Nymex), has signed a letter of intent to join Amerex, GFI Group, ICAP Energy, Tullett & Prebon Energy, TFS Energy and Spectron in support of the ConfirmHub standard, which is the industry effort to provide standardized format delivery of confirmations via a single secure interface.

Responding to a March 6 letter from Rep. Ron Paul (R-TX) seeking swift approval of the proposed Calhoun LNG terminal and associated pipeline, FERC Chairman Joseph Kelliher said there were “problems” with the company’s application that were largely related to Calhoun’s failure to participate in the agency’s pre-filing process.

Responding to a March 6 letter from Rep. Ron Paul (R-TX) seeking swift approval of the proposed Calhoun LNG terminal and associated pipeline, FERC Chairman Joseph Kelliher said there were “problems” with the company’s application that were largely related to Calhoun’s failure to participate in the agency’s pre-filing process.

CMS Energy said Thursday that it signed a binding letter of intent to sell a portfolio of its businesses in Argentina and its northern Michigan nonutility natural gas assets for $180 million to Michigan-based Lucid Energy, whose financial partners include Sociedad Argentina de Energia. The sale, which is subject to execution of a final agreement, is expected to close in the first half of 2007. Proceeds will be used to reduce debt and invest in CMS utility Consumers Energy.

A coalition of Alaska Natives, fishermen and environmental groups sent an “open letter” last Wednesday to President Bush, urging him not to remove the presidential ban on oil and natural gas drilling in the pristine, fisheries-rich Bristol Bay.

A coalition of Alaska Natives, fishermen and environmental groups sent an “open letter” Wednesday to President Bush, urging him not to remove the presidential ban on oil and natural gas drilling in the pristine, fisheries-rich Bristol Bay.

Canadian Ambassador Michael Wilson wrote a letter to FERC Chairman Joseph Kelliher this month expressing Canadian concerns about potential environmental, navigational and safety risks of liquefied natural gas (LNG) tanker traffic in Canadian waters in the Bay of Fundy and Passamaquoddy Bay in transit to proposed LNG import terminals in Maine.

Texas Eastern noted that in a letter dated Nov. 10, 2005, it had informed all firm storage customers that it would monitor storage activity and, if necessary, issue customer-specific OFOs to those who exceeded their recommended maximum withdrawal limits. The first period in the recommended withdrawal plans ended Dec. 31, and on Wednesday Texas Eastern issued five customer-specific OFOs, that will take effect Jan. 9. The orders require an affected customer to deliver its contract’s firm transportation MDQ (Maximum Daily Quantity) “under Rate Schedules CDS, FT-1 and SCT, as applicable, in the most downstream zone of delivery to the maximum extent contractually feasible prior to utilizing storage services.” Texas Eastern said the OFOs will be canceled when customer inventories are restored to planned levels.