As pipeline planners head north into regions where the population is primarily — and sometimes exclusively — aboriginal, Canada’s National Energy Board is laying out a formula for turning touchy relations into business relationships: Make deals, not regulations.
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Aboriginal Relations Key to Northern Pipe Development
As pipeline planners head north into regions where the population is primarily – and sometimes exclusively – aboriginal, Canada’s National Energy Board is laying out a formula for turning touchy relations into business relationships: Make deals, not regulations.
Forrester Sees ICE, TradeSpark Gaining, Others Falling Behind
Online energy trading will reach $3.6 trillion in 2005, fueled primarily by the growth of financial derivatives, according to a new report by Forrester Research. The report predicts several newcomers eventually will catch up to EnronOnline (EOL), the clear e-commerce leader in 2000, but several other independent exchanges could become casualties in the next few years.
Transportation Notes
MRT said a System Protection Warning will take effect today,primarily impacting services north of the Glendale (AR) Station. Italso will limit firm volumes to their primary direction of flow.
PG&E, Sempra Hold Open Season for Baja Project
Although the proposed project is focused primarily on newelectric generation and large industrial/wholesale localdistribution loads, the backers of a proposed 212-mile natural gaspipeline from the Arizona-California border south into northernBaja, Mexico are testing potential market interest for thepipeline’s U.S. segment as part of an open season running throughJuly 14.
Softness Intensifies; ‘Love Bug’ Mostly Nuisance to Gas
As sources had predicted a day earlier, the downturn in cashprices got even steeper Thursday, primarily due to the big futuresdrop on the previous afternoon and what was considered by many tobe a rather bearish storage report. A gradual warming trend inseveral regions was not strong enough to prompt significant newcooling load for gas.
Kinder Morgan Nearly Doubles 1Q Income
Kinder Morgan Inc. (KMI) reported first quarter 2000 income fromcontinuing operations of $46.1 million compared to income fromcontinuing operations of $23.9 million for the first quarter of1999. Net income for the first quarter was $46.1 million comparedto $7.1 million in the first quarter a year ago, which included a$16.8 million after-tax loss from discontinued operations.
ANR Proposal for Hourly Service Protested
Indicated Shippers contend ANR Pipeline’s proposal to providenew hourly transportation services primarily for electricgeneration is discriminatory because the services would be limitedsolely to shippers who are “supplying or obtaining gas” for thatmarket.
ANR Targets Generators With Proposed Services
ANR Pipeline proposes to establish two new transportationservices to meet the hourly natural gas demands of powergenerators, primarily in the Midwest market.
ANR Targets Generators with Proposed Services
ANR Pipeline proposes to establish two new transportationservices to meet the hourly natural gas demands of powergenerators, primarily in the Midwest market.