Penalties

Transportation Notes

Southern California Gas declared a high-linepack OFO for Saturday, with Buy-Back penalties applying to deliveries exceeding 10% of nominated quantities.

June 14, 2010

Transportation Notes

Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Thursday. Penalties of $1/Dth were set for noncompliance with a daily imbalance tolerance of 8%.

May 27, 2010

Transportation Notes

Two days after ending a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system, Pacific Gas and Electric issued a new one for Saturday, setting penalties of $1/Dth for noncompliance with a 7% tolerance on positive daily imbalances. Meanwhile, Southern California Gas said the high-linepack OFO it had initiated Tuesday would remain in effect through at least Saturday.

March 29, 2010

Transportation Notes

Two days after ending a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system, Pacific Gas and Electric issued a new one for Saturday, setting penalties of $1/Dth for noncompliance with a 7% tolerance on positive daily imbalances. Meanwhile, Southern California Gas said the high-linepack OFO it had initiated Tuesday would remain in effect through at least Saturday.

March 29, 2010

Transportation Notes

Pacific Gas and Electric issued a new systemwide Stage 2 high-inventory OFO for Wednesday, setting penalties of $1/Dth for positive daily imbalances exceeding a 7% tolerance. Meanwhile, Southern California Gas kept the high-linepack OFO it had declared for Tuesday, with an imbalance tolerance of 10%, in effect through Wednesday.

March 24, 2010

Transportation Notes

Pacific Gas and Electric issued a new systemwide Stage 2 high-inventory OFO for Wednesday, setting penalties of $1/Dth for positive daily imbalances exceeding a 7% tolerance. Meanwhile, Southern California Gas kept the high-linepack OFO it had declared for Tuesday, with an imbalance tolerance of 10%, in effect through Wednesday.

March 24, 2010

Noble Energy to Pay $4.2M to Settle FERC Violations

FERC’s Office of Enforcement has entered into a stipulation and consent agreement requiring Noble Energy Inc. to pay nearly $4.2 million in civil penalties and disgorged profits to settle violations of the agency’s shipper-must-have-title (SMHT) requirements, buy-sell arrangements and competitive bidding rules for long-term, discounted rate capacity releases.

March 22, 2010

Transportation Notes

Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Friday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

March 19, 2010

Transportation Notes

Pacific Gas & Electric issued a systemwide Stage 2 high-inventory OFO on its California Gas Transmission system for Friday, setting penalties of $1/Dth for exceeding a 5% tolerance on positive daily imbalances.

March 19, 2010

Noble Energy to Pay $4.2M to Settle FERC Violations

FERC’s Office of Enforcement has entered into a stipulation and consent agreement requiring Noble Energy Inc. to pay nearly $4.2 million in civil penalties and disgorged profits to settle violations of the agency’s shipper-must-have-title (SMHT) requirements, buy-sell arrangements and competitive bidding rules for long-term, discounted rate capacity releases.

March 16, 2010
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