Northeast

Canada’s National Energy Board has received an application from Maritimes & Northeast Pipeline Management Ltd. to approve final tolls from Test Period 2001, which runs October 2000 through Dec. 31, 2001, and for Test Period 2002, which runs from Jan. 1, 2002 through Dec. 31, 2002. M&NP has been operating on interim tolls approved by the NEB since Oct. 1, 2000.

Canada’s National Energy Board has received an application from Maritimes & Northeast Pipeline Management Ltd. to approve final tolls from Test Period 2001, which runs October 2000 through Dec. 31, 2001, and for Test Period 2002, which runs from Jan. 1, 2002 through Dec. 31, 2002. M&NP has been operating on interim tolls approved by the NEB since Oct. 1, 2000.

Unplanned maintenance at the SOE (Sable Offshore Energy) GasPlant has caused physical supply into Maritimes & Northeast todecrease temporarily, the pipeline said. Due to this, shippers areexpected to match physical volumes to nominated receipts, it added.However, the reduced throughputs have allowed M&N to lift ITrestrictions at the Baileyville (ME) Compressor Station.

Mostly moderate price declines concentrated in the Gulf Coastand Northeast were outweighed Wednesday by small to large increasesin other markets. The biggest gains were in California and theRockies/Southwest, while Transco Zone 6 (NYC) took the biggest hitof 65 cents.

Cold weather and strong demand in the Northeast forced KeySpanEnergy shut-off supplies to 650 interruptible commercial customerson Long Island on Christmas eve.

All three major Gulf Coast/Northeast interstate pipes —Tennesseee, Texas Eastern (Tetco) and Transco — issued shipperwarnings Thursday about receipts into their systems laggingconsiderably behind market-area deliveries. Tennessee issued aBalancing Alert OFO, effective today until further notice, to 39shippers (applying to more than one contract in some cases). A penaltyof $15/Dth “plus the applicable regional daily spot price” toovertakes from delivery meters or underdeliveries at receipt pointsthat exceed 2% or 500 Dth, whichever is greater, of scheduledquantities. Tennessee also is reducing today its normal SupplyAggregation (SA) contract imbalance tolerance of 1,000 dekatherms to500 dekatherms across all supply area pools. The tolerance for marketarea pools remains at zero, the pipeline said. Tetco said allpreviously announced restrictions (see Daily GPI, Dec. 21) would remain in effect untilfurther notice and added two more that take effect today: all IT-1volumes, including backhauls, received or delivered in the Access Areawill not be scheduled; and no nominations for interruptible orsecondary service will be accepted at the Oakford, Leidy andLambertville points. Transco cut the 4% tolerance currently allowed atits pooling points to 1% or 1,000 Dth, whichever is greater, fornegative imbalances. Shippers with positively scheduled poolimbalances will continue to be held to the 4% tolerance level. Transcoadded that it may proactively decrease markets to bring them in linewith supplies at pooling points.

Duke Energy Field Services (DEFS) completed an expansion at itsRoggen gas processing plant northeast of Denver, CO. The expansionmore than doubles the plant’s capacity to 58 MMcf/d, increasingproducer capabilities to develop additional gas reserves ingas-rich Weld County and easing processing constraints in the area.

Duke Energy Field Services (DEFS) completed an expansion at itsRoggen gas processing plant northeast of Denver, CO. The expansionmore than doubles the plant’s capacity to 58 MMcf/d, increasingproducer capabilities to develop additional gas reserves ingas-rich Weld County and easing processing constraints in the area.

Snow and cold temperatures in the Great Lakes and the Northeastyesterday and some follow-through buying on Friday’s strength sentgas futures to a new all-time high of $6.360/MMBtu. December endedthe session up 14.9 cents to $6.249/MMBtu.