El Paso said the necessary replacement parts for repairing mechanical damage to Flagstaff (AZ) Station’s Unit #1 (see Daily GPI, April 30) will not be available until mid-June, and thus it declared the outage a force majeure event. The incremental reduction of North Mainline capacity due to the Flagstaff outage is 100 MMcf/d, and other North Mainline maintenance previously scheduled during May is being reassessed in light of the Flagstaff situation. Previously posted capacity reductions will be revised as soon as possible. El Paso also said the Alamo Lake (AZ) Station’s #2 turbine was started Thursday but experienced a mechanical failure and must be disassembled to determine the extent of damage. Capacity of the Havasu Crossover was returned to 570 MMcf/d Friday until further notice.
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Articles from Parts
Marathon CEO Says Company’s LNG Strategy Evolving
Marathon Oil Corp.’s CEO said last week that the company is cautiously reviewing what parts of the liquefied natural gas (LNG) supply chain offer the most value, and for now, will concentrate on producing natural gas and increasing its LNG regasification capabilities in the United States.
Marathon CEO Says Company’s LNG Strategy Evolving
Marathon Oil Corp.’s CEO said this week that the company is cautiously reviewing what parts of the liquefied natural gas (LNG) supply chain offer the most value, and for now, will concentrate on producing natural gas and increasing its LNG regasification capabilities in the United States.
Northeast Tops $8 as Weekend Cold Lifts Cash Gas
Anticipated weekend blasts of cold (including the potential for frozen precipitation in parts of Louisiana and Texas) and the after-effects of a bullish storage report had more price-boosting impact Friday than many had expected.
Steep Price Declines Expected to Be Fleeting As Market Braces for Major Winter Assault
As parts of the Northeast and Midwest “enjoyed” a brief respite from an ongoing siege of severely cold weather, prices took steep dives Monday. But with an even worse blast of winter set to show up as early as Tuesday night, traders braced for what are expected to be fairly large rebounds.
Futures Spike on Record Cold; Traders Mixed on Next Price Leg
Buoyed by forecasts calling for record low temperatures in parts of New England over the weekend, the natural gas futures market rocketed to its highest level in 10 months — $7.63 — in Friday morning Access trade. But after notching a gap-higher open for the start of the regular trading session, profit-taking entered the fray, rescinding a portion of the day’s advances.
Grid Operators Call for Clear Lines of Authority During Power Emergencies
In the aftermath of the devastating August blackout that hit parts of Canada and the United States, top grid operator officials last week said that reliability coordinators must be able to order actions in real-time during emergency conditions and that this authority has to be clearly defined before problems crop up on the power grid.
Cold-Induced Upticks Gain Momentum With West Joining In
With nearly all areas outside a strip along the Gulf Coast and parts of the Southwest doing some serious chilling out Tuesday, prices again made big gains. Although the Northwest relaxed a bit from the dollar-plus upticks it had seen Monday, Tuesday’s strength was more solidly based because of significantly larger advances in non-Northeast markets and a lack of weakness in the West.
Isabel Turns Out Lights on Millions; Utilities Call Storm Historic
Hurricane Isabel left her calling card up and down the Mid-Atlantic and Southeastern parts of the U.S. on Thursday in the form of massive power outages, with 5.5 million businesses and homes estimated to have had their juice cut off as a result of the massive storm. Columbia Gas Transmission Corp. gave shippers advance notice Friday that it may have to call an operational flow order (OFO) because markets in southeastern Virginia were taking gas at abnormally low levels because of the power outages.
Isabel Wipes Out Power to Millions
Hurricane Isabel left her calling card up and down the Mid-Atlantic and Southeastern parts of the U.S. on Thursday in the form of massive power outages, with 5.5 million businesses and homes estimated to have had their juice cut off as a result of the massive storm. Columbia Gas Transmission Corp. gave shippers advance notice Friday that it may have to call an operational flow order (OFO) because markets in southeastern Virginia were taking gas at abnormally low levels because of the power outages.
