Chesapeake Energy Corp., Consolidated Edison and Statoil Natural Gas have stepped up with binding precedent agreements for capacity on an expansion of Spectra Energy Corp.’s Texas Eastern Transmission and Algonquin Gas Transmission systems to deliver gas to the New Jersey and New York area. The commitments are enough for the company to proceed with the project, Spectra said Monday.
Precedent
Articles from Precedent
Alberta Shuts In Gas to Protect Oilsands
Following precedent set by a hotly contested case that dragged on through the late 1990s and the first half of this decade, three Alberta natural gas producers were ordered last Thursday to shut in 158 wells deemed to jeopardize future oilsands production.
Alberta Gas Shut In to Protect Oilsands Treasure
Following precedent set by a hotly contested case that dragged on through the late 1990s and the first half of this decade, three Alberta natural gas producers were ordered Thursday to shut in 158 wells deemed to jeopardize future oilsands production.
Industry Brief
Tennessee Gas Pipeline Co.’s recent open season for its 300 Line Expansion Project resulted in a binding precedent agreement for a 15-year term from Equitable Energy LLC, a subsidiary of Equitable Energy, which was awarded all of the project’s 300,000 Dth/d of capacity. The project links Equitable’s Appalachian production to Northeast markets. The expansion facilities will consist of approximately 125 miles of 30-inch diameter pipeline looping and approximately 46,000 hp of additional compression facilities to be constructed in Tennessee’s existing pipeline corridor in Pennsylvania and New Jersey. Tennessee, a subsidiary of El Paso Corp., has entered into a fixed-price agreement to lock in its pipe costs. Tennessee plans to file its certificate application with the Federal Energy Regulatory Commission during the second quarter of 2009, with phased construction anticipated during 2010 and 2011.
Dominion Readies Next Step for REX Interconnect from Clarington
Dominion moved last week to obtain binding precedent agreements for its proposed Dominion Hub III project following an open season that resulted in the expression of interest in more than 570,000 Dth/d.
Dominion Readies Next Step for REX Interconnect from Clarington
Dominion moved Tuesday to obtain binding precedent agreements for its proposed Dominion Hub III project following an open season that resulted in the expression of more than 570,000 Dth/d of interest.
PG&E Takes Anchor Position on El Paso’s Ruby Project
El Paso Corp. has executed a precedent agreement with Pacific Gas and Electric Co. (PG&E) for long-term firm transportation service on El Paso’s Ruby Pipeline project, the company said last Friday.
Interest in Pacific Connector Project Exceeds Capacity
Pacific Connector Gas Pipeline completed an open season last week, with seven shippers executing precedent agreements for 1.49 Bcf/d of firm capacity, which exceeds the initial design capacity of 1 Bcf/d. The pipeline project is a partnership of Williams Pacific Connector Gas Pipeline LLC, PG&E Strategic Capital Inc. and Fort Chicago LNG II U.S. LP. The open season began Feb. 1 and closed March 5 (see NGI, Feb. 5).
Interest in Pacific Connector Project Exceeds Capacity
Pacific Connector Gas Pipeline completed an open season, with seven shippers executing precedent agreements for 1.49 Bcf/d of firm capacity, which exceeds the initial design capacity of 1 Bcf/d. The pipeline project is a partnership of Williams Pacific Connector Gas Pipeline LLC, PG&E Strategic Capital Inc. and Fort Chicago LNG II U.S. LP. The open season began Feb. 1 and closed March 5 (see Daily GPI, Feb. 5).
Gulf South Expansions Attract 1.6 Bcf/d of Market Commitments
Boardwalk Pipeline Partners LP said subsidiary Gulf South Pipeline has signed binding precedent agreements with customers to transport 1.6 Bcf/d of gas to an interconnection at Transcontinental Gas Pipe Line’s Station 85 in Choctaw County, AL. The committed capacity includes 560 MMcf/d to be transported from the Perryville, LA and Harrisville, MS areas to Station 85 on the Southeast Expansion project and 1 Bcf/d from various receipt points in Texas and Oklahoma to Station 85 on the Gulf Crossing Pipeline project.