Planned

El Paso’s planned maintenance at Alamo Lake Station was expandedto include a total station shutdown Wednesday. Alamo Lake No.1turbine will be down today and Tuesday, reducing Havasu Crossovercapacity by 100 MMcf/d. The No.2 turbine will also be downWednesday for a total Havasu cut of 150 MMcf/d. To coincide withthis outage and minimize impact on San Juan Basin supplies, theNavajo Station’s 2C turbine will be down for maintenance Wednesday,reducing North Mainline capacity by 155 MMcf/d.

Questar rescheduled last Tuesday’s planned ball launching toThursday, June 3. Major allocations are expected.

While analysts consider Devon Energy Corp.’s planned acquisition of PennzEnergy Co. a smart move, PennzEnergy investors are smarting over what they consider too low a price.

Faced with conflicting reports about the need for new pipelinecapacity to serve the Northeast quadrant of the country, theFederal Energy Regulatory Commission last week called for aninquiry into the area’s projected demand for natural gas over thenext 20 years.

The Federal Energy Regulatory Commission yesterday approved aninitiative calling for it to conduct an inquiry into projecteddemand for natural gas in the Northeast quadrant of the UnitedStates and the corresponding need for new pipeline capacity in theregion.

Lured by the chance to be a main supplier for the wealth ofgas-fired power plants planned for Texas, Aquila Energy bought theKaty Hub from Western Gas Resources last week. The $100 milliondeal is expected to close by April 30, although it still needs toclear the Federal Trade Commission’s Hart-Scott-Rodino Act.

Lured by the chance to be a main supplier for the wealth ofgas-fired power plants planned for Texas, Aquila Energy bought theKaty Hub from Western Gas Resources Monday. The $100 million dealis expected to close by April 30, although it still needs to clearthe Federal Trade Commission’s Hart-Scott-Rodino Act.

FERC last week vacated its August order certificating El PasoNatural Gas Co.’s planned expansion of its 33-mile Bondad system, amove that the pipeline says puts the troubled project in anuncertain status.

New pipeline development and expansions could add 16 Bcf/d ofcapacity to the national transmission network over the next twoyears (1999-2000) at an estimated cost of about $9.5 billion,according to a report by the Energy Information Administration.While all of the proposed projects may not be built, totalexpenditures are expected to far exceed the $5.1 billion investedduring the last major period of pipeline development in 1992-1993.