operators

U.S. liquefied natural gas (LNG) receiving terminal operators pushed to add more capacity at their facilities to prepare for what many thought would be an onslaught of needed gas supplies. But was it the right call?

Two large Canadian energy operators, Enerplus Resources Fund and Focus Energy Trust, Monday announced a “strategic combination,” of oil, natural gas and oilsands resources.

Tennessee declared a force majeure event late Thursday for meters on the West Delta 527A-300 line due to the need to repair a leak. Operators of the Venice, West Delta 58C and West Delta 58D meters were required to shut in until further notice. Tennessee also said Friday it was lifting a force majeure that had been declared Sept. 30, 2005 as a result of Hurricane Rita.

A consortium composed of South Korea’s national oil company KOGAS, Korean-based LG International and Houston-based EMS Group have signed a memorandum of understanding (MOU) to operate the liquefied natural gas (LNG) facility being developed near Port Lavaca, TX, in Point Comfort.

A consortium composed of South Korea’s national oil company KOGAS, Korean-based LG International and Houston-based EMS Group have signed a memorandum of understanding (MOU) to operate the liquefied natural gas (LNG) facility being developed near Port Lavaca, TX, in Point Comfort.

High line pack exists on Kern River’s entire system. Shippers and operators were asked by the pipeline Monday to stay on rate.

If the price of natural gas remains low or moves lower, development plans by U.S. oil and gas producers and liquefied natural gas (LNG) terminal operators could take a hit, a Standard & Poor’s (S&P) credit analyst said Thursday.

Scorching temperatures blanketing much of the U.S. last week resulted in another round of new power demand records being set. Electrical grid operators were able to meet the demand without any significant disruptions in service. Demand records tumbled like dominoes in the Northeast, the Midwest and Ontario.

Northern Natural Gas noted Wednesday that like many other storage operators, it continues to experience high storage inventories. “While IDD shippers have brought their inventory balances down considerably this month, Northern will continue to have limited capacity for IDD volumes for the remainder of the summer season,” it said. “Northern needs to protect its storage capability in order to not jeopardize its ability to meet firm storage daily and inventory requirements.” Thus the pipeline gave notice that its Positive IDD Storage Inventory Allocation will be extended from July 31 to Oct. 31. Shippers whose IDD account balance at the end of the April 21 gas day was negative must have a balance no greater than zero on Oct. 31, Northern said. Those with positive balances at the end of the April 21 gas day must have a balance no greater than that on Oct. 31. Any IDD volumes that exceed those limits will become the pipeline’s property. Northern emphasized that this allocation process does not limit a customer’s ability to continue using IDD for the purpose of providing an interruptible daily and monthly balancing service. See the bulletin board for other details of the notice.