Expanding on its plan to add additional gas-fired powergeneration capacity near the Dow Chemical power plant and pipelinefacilities in Pittsburg, CA, that it purchased earlier this month,Calpine Corp. announced a partnership yesterday with BechtelEnterprises to build 2,000 MW of gas-fired power generation inNorthern California, primarily near San Francisco.
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Sempra Buys CNG’s Wholesale Gas Portfolio for $48M
Consolidated Natural Gas Co. followed through on its plan toexit wholesale energy marketing yesterday by selling its gasmarketing operations, including supply, sales, storage andtransportation agreements, to Sempra Energy for $48 million.
INGAA: Y2K is A-OK
The Interstate Natural Gas Association of America (INGAA) saidmember companies plan to complete their Year 2000 (Y2K) computeranalysis, modification and testing by October and will havecontingencies in place should the new millennium bring problems.
Peoples, Dominion to Build Power Plant
Peoples Energy and Dominion Energy announced they plan todevelop and operate a 300 MW gas-fired electric generating peakingfacility near Elwood, IL, 60 miles southwest of Chicago. The $90million project is expected to be completed in time to providepower to the grid in summer 1999.
Enron to Build Gas-Fired Power in CA
Enron Corp. is jumping into the California electric power marketwith a plan to develop a 500-MW gas-fired, merchant power plant inPittsburg, CA. Although the figures are not their analysis, EnronCapital and Trade Resources officials said the state needs some6,000 MW of new generating capacity by 2002.
API to Create Gas ‘Component’
As part of a major reorganization plan, the American PetroleumInstitute (API) says it plans to establish a “natural gascomponent” aimed at attracting medium-to-small sized companies asnew members and at retaining current API members.
MMS Claims Treasury Loss in RIK Plan
A House bill proposing a nationwide royalty in-kind (RIK) schemefor collecting royalties on oil and natural gas produced on federallands would result in a net revenue loss of $141 million to $367million to the federal government during the first 8 1/2 years ofits implementation.
Tennessee Allowed to Reserve Capacity for Expansions
Subject to certain conditions and a pending a technicalconference, FERC has approved a plan (RP98-140-000) allowingTennessee Gas Pipeline to reserve unused pipeline capacity, sellingit under short-term contracts, up to one year if the capacity canbe used to support a proposed expansion project. The tariff changewas made effective by the Commission on March 25
Four Partners Plan Gulf Area Fractionation
Amoco Oil, Enterprise Products, Exxon Chemical and WilliamsField Services announced plans to form a joint venture to build andoperate a 60,000 b/d natural gas liquids (NGL) fractionationfacility near Baton Rouge, LA. Construction has begun, and start-upis expected next March. The joint venture is to be called BatonRouge Fractionators LLC. Enterprise will operate the plant andmanage fractionation services. Amoco will process its PascagoulaGas Plant volumes at the facility. Exxon will process a portion ofits Louisiana area NGLs there, and Williams will contract toprocess its Mobile Bay Gas Plant volumes at the facility.