natural gas data

The board of directors of the Interstate Natural Gas Association of America (INGAA) elected David J. Devine, president of central regional natural gas pipelines for Kinder Morgan, as chairman. Devine, who was elected second vice chair last year, follows C. Gregory Harper as INGAA chairman (see Daily GPI, Oct. 4, 2012). The board also elected Ron Tanski, CEO of National Fuel Gas Co., as first vice chairman, and Jimmy Staton, vice president of NiSource and group CEO of Columbia Pipeline Group, as second vice chair. INGAA officers are elected for one-year terms.

U.S. natural gas supply and demand should continue to be robust through the next 10 to 12 years, but a panel of experts in Los Angeles have different ideas on what this could mean for future prices and volatility.

Units of General Electric (GE) and TransCanada Corp. said they are working to improve the reliability and cost-effectiveness of natural gas-fired power generation at two facilities TransCanada operates on both sides of the U.S.-Canada border. GE’s technology called FlexEfficiency Advantage Advanced Gas Path (AGP) is being deployed at TransCanada’s Ravenswood power plant in New York state and its Mackay River cogeneration facility in Alberta, Canada. AGP technology combining hardware and software advances has been installed on one gas-fired GE 7F 3-series turbine at each plant, the companies said. As result, the Ravenswood combined-cycle gas-fired unit has increased its output by 5%, and the cogeneration unit in Alberta has experienced a 10% boost in output, according to the companies. Along with efficiency increases of 1% and 2%, respectively, at the two plants, TransCanada said it expected to realize $900,000 in annual fuel savings.

Clean Energy Fuels Corp. has signed a multi-year natural gas fueling deal with an interstate long-haul trucking firm, Raven Transport Inc., that will include completing two new fueling stations in Clean Energy’s “natural gas highway” in Florida and Ohio.

Regency Energy Partners LP plans to buy PVR Partners LP in a $5.6 billion deal (including $1.8 billion of debt) to create a natural gas gathering and processing giant with a presence in Appalachia, West Texas, South Texas, the Midcontinent and North Louisiana.

One of the challenges to widespread adoption of natural gas vehicles (NGV) has been the weight of the metal tanks needed to hold compressed natural gas (CNG). A researcher at Houston’s Rice University might have hit upon an answer.

Colorado officials said Tuesday they have found no evidence of contamination from oil or natural gas spills in water samples taken from rivers and streams affected by last month’s flooding.

Physical natural gas for Friday delivery on average rose 2 cents Thursday as most traders elected to put trades to bed prior to the release of typically market-moving storage data from the Energy Information Administration (EIA).

Canadian hopes to export liquefied natural gas (LNG) rely on oil prices to stay high and overseas supply contracts to uphold value parity between the two energy commodities, an industry analyst said Thursday.