Pipeline

Destin reported reopening the valve on its export line at Main Pass 260 and was accepting Intraday 2 (cycle 4) nominations for Monday’s gas day. The pipeline had turned off the valve to offshore receipts upstream of Main Pass 260 at 3 p.m. Friday in preparation for the approach of Hurricane Dennis (see Daily GPI, July 11).

Iroquois Gas Transmission announced a new open season for capacity on a proposed 22-mile pipeline lateral and said it received expressions of interest for about 805,000 Dth/d of firm capacity in its recent mainline open season. Both the lateral and any mainline expansion would begin service in November 2007.

The oil and gas title of the Senate omnibus energy bill would spur development of natural gas storage, accelerate interstate pipeline projects, give sole siting authority over liquefied natural gas (LNG) facilities to FERC and promote the sharing of Outer Continental Shelf (OCS ) revenues with coastal states.

Elizabethtown Gas, a unit of AGL Resources Inc., last week petitioned New Jersey regulators to establish a Pipeline Replacement Program (PRP) Recovery Rider allowing it to collect costs from customers for the accelerated replacement of about 88 miles of elevated pressure 8- to 12-inch cast iron main on its distribution system.

Elizabethtown Gas, a unit of AGL Resources Inc., on Tuesday petitioned New Jersey regulators to establish a Pipeline Replacement Program (PRP) Recovery Rider allowing it to collect costs from customers for the accelerated replacement of about 88 miles of elevated pressure 8- to 12-inch cast iron main on its distribution system.

Canadian pipeline deliveries to the United States held firm as strong drilling prevented a widely forecast supply decline during the 2003-04 natural gas contract year, according to records at the National Energy Board.

Canadian pipeline deliveries to the United States held firm as strong drilling prevented a widely forecast supply decline during the 2003-04 natural gas contract year, according to records at the National Energy Board.

Sonat implemented an OFO Type 6 for short imbalances Sunday, then canceled it at the start of Monday’s gas day. The pipeline last week had said it expected repairs to its Hurricane Ivan-damaged South Pass 60 line to last through Feb. 5 (see Daily GPI, Jan. 25), during which it is unable to receive gas at Main Pass 116. Citing delays created by strong water currents, Sonat estimated Monday that the return to service of Main Pass 116 is now around Feb. 10. “Once again, there are many variables when making repairs offshore. Therefore, this schedule could change,” Sonat added.

Electric, gas, pipeline and water utilities finally can rest a little easier after a significant decrease in the pace and scale of negative rating activity by credit rating agencies in 2004, Standard & Poor’s (S&P) said in a new report titled “U.S. Utility Downside Rating Actions Moderated Significantly in 2004.”