TransCanada Accepting STFT Bids

TransCanada has posted short-term firm transportation servicefor November 2000 through March 2001, and is accepting bids through3 p.m. MDT today. Because TransCanada does not yet have NationalEnergy Board-approved tolls beyond the end of 2000, all of the bidsfor capacity may be adjusted for bids that extend beyond Jan. 1.

August 31, 2000

Franks Plans New Pipeline Rules

Despite his promise to the gas industry last year that he wouldn’t change the Pipeline Safety Act of 1995 (see Daily GPI, March 19, 1999), Congressman Bob Franks (R-NJ), chairman of the House Transportation and Infrastructure Subcommittee — who also is running for a Senate seat in his home state — introduced a bill last week that would do just that. His legislation joined a growing stack of pipeline safety bills that have been introduced this session.

July 24, 2000

Industry Briefs

Calpine Corp.’s 500 MW Hidalgo Energy Center began commercialoperation June 14, the company said yesterday. In March, thecompany purchased a 78.5% stake in the plant, which is located inEdinburg, TX. The Brownsville Public Utilities Board holds theremaining 21.5%. Calpine operates the energy center and providesfuel management services. The center is located within one mile ofCalpine’s Magic Valley Generating Station, a 730 MW gas-firedfacility currently under construction. The Magic Valley facility isexpected to be on line in the summer of 2001. The Hidalgo plantwill sell power into the Texas wholesale market and potentiallyinto the growing energy markets of northern Mexico.

June 29, 2000

Transportation Notes

Iroquois extended through Friday an open season for up to 10,000Dth/d of winter-only (December through March) FT from theWaddington receipt point to the Brookfield delivery point. Theservice would commence Dec. 1, 2000 and end April 1, 2003. Iroquoisnoted that Sithe New Boston has right of first refusal for 10,000Dth/d. Call Robin Almond at (203) 925-7274 for information.

April 6, 2000

Transportation Notes

Florida Gas Transmission lifted Thursday an Overage Alert Daynotice (see Daily GPI, March30). However, a weekend pipe replacement project between Stations12 and 13 in north-central Florida will limit market area deliveriesto 1.15-1.25 Bcf/d, down from the normal 1.4 Bcf/d. Thus the pipelineis reinstating the OAD notice for today through Sunday. The tolerancefor negative daily imbalances will be 6% today and tighten to 4%Saturday and Sunday.

March 31, 2000

Transportation Notes

Tennessee delayed pigging operations on the Blue Water System,originally scheduled for Monday and today (see Daily GPI, March 6), tentatively until Thursday andFriday of this week. No service restrictions are expected, butproducers may experience higher than normal pressures.

March 14, 2000

Cove Point Holding Open Season

Cove Point LNG LP, a subsidiary of Herndon, VA-based ColumbiaEnergy Group, is holding an open season through March 16 for a firmLNG tanker discharging service at its Cove Point LNG terminal. Thenew service will include the unloading of LNG from tankers, LNGstorage, vaporization, and delivery of gas to points along CovePoint’s existing pipeline.

February 21, 2000

Cove Point Holding Open Season

Cove Point LNG Limited Partnership, a subsidiary of Herndon,VA-based Columbia Energy Group, is holding an open season throughMarch 16 for a firm LNG tanker discharging service at its CovePoint LNG terminal. The new service will include the unloading ofLNG from tankers, LNG storage, vaporization, and delivery of gas topoints along Cove Point’s existing pipeline.

February 17, 2000

AGA Moves Up Release of Storage Data

The New York Mercantile Exchange’s (Nymex) natural gas pitprobably will be a lot more active on Wednesdays, starting March 1.The exchange, along with several major market players, hasconvinced the American Gas Association to move up by two hours therelease of its influential gas storage report.

February 7, 2000

FERC Delays Sonat’s Rate Hike

Sonat’s proposed $82 million rate hike hit a snag last week, asFERC suspended any increase from occurring until March 1 and calledfor a hearing where opposition to the proposal can presentinformation.

October 4, 1999