Nova Gas Transmission, TransCanada PipeLines’ Alberta system, has reached a one-year settlement with customers which would set a lower revenue requirement in 2003 than it collected in 2002.
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Pipelines, LDCs, Power Grids Report Record Demand During Extreme Cold
Gas and winter power demand records fell throughout the eastern United States during the week ending Jan. 24, according to multiple local gas distribution companies, power utilities, electric grid operators and pipeline companies. Williams subsidiary Transcontinental Gas Pipe Line (Transco), which serves the entire East Coast region, said last week that it set a new peak gas transportation record on seven out of 10 days from Jan. 15-24.
Transportation Notes
Affiliated pipelines Texas Eastern and Algonquin removed all remaining transportation restrictions Tuesday.
Energy Groups Ask FERC to Mull Guidelines for Money Pools
Regulated utilities and natural gas and oil pipelines called on FERC last Wednesday to adopt industry guidelines for jurisdictional companies to follow when participating in intra-corporate cash-management programs, as an alternative to the agency’s proposed rule that seeks to set strict limits on the involvement of regulated entities in such arrangements.
Energy Groups Ask FERC to Mull Guidelines for Money Pools
Regulated utilities and natural gas and oil pipelines called on FERC Wednesday to adopt industry guidelines for jurisdictional companies to follow when participating in intra-corporate cash-management programs, as an alternative to the agency’s proposed rule that seeks to set strict limits on the involvement of regulated entities in such arrangements.
Shutdown May Be an Option for TransCanada’s Eastern Mainline
TransCanada PipeLines Ltd. said it has started discussions with its customers regarding possible changes in depreciation or ownership of a 20% portion of its mainline stretching from Winnipeg, MB, east to points north of Toronto. One extreme option would be to shut down that part of the system entirely, but the company said that would not occur for many years and would only happen after all else failed.
Shutdown May Be an Option for TransCanada’s Eastern Mainline
TransCanada PipeLines Ltd. said it has started discussions with its customers regarding possible changes in depreciation or ownership of a 20% portion of its mainline stretching from Winnipeg, MB, east to points north of Toronto. One extreme option would be to shut down that part of the system entirely, but the company said that would not occur for many years and would only happen after all else failed.
Shutdown May Be an Option for TransCanada’s Eastern Mainline
TransCanada PipeLines Ltd. said it has started discussions with its customers regarding possible changes in depreciation or ownership of a 20% portion of its mainline stretching from Winnipeg, MB, east to points north of Toronto. One extreme option would be to shut down that part of the system entirely, but the company said that would not occur for many years and would only happen after all else failed.
Canadian Natural Resources Starts Up New Ladyfern Pipeline
Canadian Natural Resources Ltd., announced Friday that the construction and commissioning of the Ladyfern Sales natural gas pipeline from the Ladyfern field to TransCanada PipeLines in Alberta has been completed. The 20-inch, 7.5-mile Ladyfern Sales line with a capacity of 600 MMcf/d went onstream Friday.
TranCanada Plans to Invest $10B in Generation
Far from satisfied with the relatively meager returns in the gas pipeline business, TransCanada PipeLines CEO Hal Kvisle said his company plans to spend about $10 billion over the next five years on power generation projects.