Physical

Tennessee said Monday it was lifting a systemwide imbalance warning but continued to request that all parties match physical flow with scheduled quantities.

Tennessee said Monday it was lifting a systemwide imbalance warning but continued to request that all parties match physical flow with scheduled quantities.

Tennessee implemented an Imbalance Warning for market-area Zones 5 and 6 Thursday, saying effective immediately it requested that customers match physical flow with scheduled quantities to prevent imbalances in those zones that would threaten the pipeline’s operational integrity. “Due to the emergent repair issue at Station 321 and high demand in the Northeast, Tennessee does not have the ability to absorb imbalances caused by underdeliveries by receipt point operators into the system and overtakes from the system by delivery point operators.”

Tennessee implemented an Imbalance Warning for market-area Zones 5 and 6 Thursday, saying effective immediately it requested that customers match physical flow with scheduled quantities to prevent imbalances in those zones that would threaten the pipeline’s operational integrity. “Due to the emergent repair issue at Station 321 and high demand in the Northeast, Tennessee does not have the ability to absorb imbalances caused by underdeliveries by receipt point operators into the system and overtakes from the system by delivery point operators.”

Tennessee issued a systemwide Imbalance Warning, saying effective Friday it requests that customers match physical flow with scheduled quantities to prevent imbalances that would threaten operational integrity. “Due to anticipated colder weather across much of the system, Tennessee does not have the ability to absorb imbalances caused by underdeliveries by receipt point operators into the system and overtakes from the system by delivery point operators.”

Tennessee issued a systemwide Imbalance Warning, saying effective Friday it requests that customers match physical flow with scheduled quantities to prevent imbalances that would threaten operational integrity. “Due to anticipated colder weather across much of the system, Tennessee does not have the ability to absorb imbalances caused by underdeliveries by receipt point operators into the system and overtakes from the system by delivery point operators.”

ConocoPhillips last week said it was consolidating its regional trading arm into a global business based in London to increase its presence in physical natural gas and oil marketing. The London office will monitor U.S. and Asian markets, while the supply trading would be carried out in Houston, where the company is headquartered.

ConocoPhillips is said to be consolidating its regional trading arm into a global business to be based in London to increase its presence in physical natural gas and oil marketing. According to press reports, the London office would monitor U.S. and Asian markets, while the supply trading would be carried out in Houston, where the company is headquartered.

Adding to the week’s already strong run, cash points took the streak of unanimous gains to four on Thursday as physical gas prices for Friday gas delivery continued to close the gap with futures prices.