Although the Northeast consumes a lower percentage of naturalgas than does the rest of the nation, gas ranks as the most popularenergy fuel in households, according to a new study by the EnergyInformation Agency (EIA).
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3Q 1999 Saw Big Jump in LNG Imports
The role of liquefied natural gas (LNG) in the U.S. gas supplymix continues to grow as 1999’s third quarter saw a significantpercentage jump in LNG imports. According to the U.S. Department ofEnergy’s Office of Natural Gas & Petroleum Import and ExportActivities, total gas imports grew by 15% over the third quarter of1998 while LNG imports were up a strong 221% over the same period.A 10% rise in Canadian imports and a 154% rise in Mexican importswere also noted. At the same time, U.S. exports of gas to Mexicogrew by 41%.
NGPL-Aquila Contract Accepted, But…..
FERC last week accepted the $34.5 million mega-negotiatedcontract between Natural Gas Pipeline Co. of America (NGPL) andAquila Energy Marketing Corp., but there was a glitch. TheCommission’s acceptance was conditioned on the Midwest pipelineproviding a “satisfactory explanation” of why the transactiondoesn’t conflict with capacity-release rules and regulations, whichFERC suspects is the case.
NW Line Break Disruptions Minor
Northwest Pipeline said it was able to keep all but a smallpercentage of markets whole after its 26-inch mainline explodedabout 8:20 p.m. PST Friday in the Columbia River Gorge area nearStevenson, WA, about 32 miles east of Portland (see Daily GPI,March 1). The rupture caused a fireball, but no injuries werereported and pipeline workers had the situation controlled withinan hour, a spokeswoman said.
ONEOK To Sell Assets To Duke Field Services
Duke Energy Field Services has agreed to purchase percentageinterests in several non-regulated natural gas gathering systemsand processing plants from subsidiaries of ONEOK Inc., and hascommitted to build a natural gas processing plant with ONEOK insouthern Oklahoma.
ONEOK to Sell Assets to Duke, Partner in Plant
Duke Energy Field Services has agreed to purchase percentageinterests in several non-regulated natural gas gathering systemsand processing plants from subsidiaries of ONEOK Inc., and hascommitted to build a natural gas processing plant with ONEOK insouthern Oklahoma.
EIA Lowers ’98 Price Forecast, Sees Strong 1Q99
The Energy Information Administration has lowered its wellheadprice forecast for the year by several percentage points but saidwellhead prices during the first quarter of 1999 should show a hugeincrease (28%) from average prices during this year’s warm firstquarter.