Although industry comments on Order 637 still were tricklinginto FERC late Friday, it was clear that gas producers, both majorsand independents, and industrial customers had some of the biggestproblems with the final order by far, while the interstatepipelines and LDCs sought only minor tweaking of a “discrete” setof issues.
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SU: Fight Against Southwest Continues
The Southwest-Oneok merger may be cancelled, but spurned suitorSouthern Union is still proceeding with plans to sue Southwest andothers, the company said yesterday.
Marketers, LDCs Face Off in Maine Proceeding
Comments filed with the Maine Public Utility Commission showmarketers are opposed to all but the minimum registrationrequirements to participate in retail gas competition, while thestate’s new LDCs would like a significant amount of commissionoversight, particularly in the small customer market. The commentswere in response to the PUC’s Notice of Inquiry (NOI) into theRegulation of Gas Marketers, which was issued late last month.
Gemini Partners Moving Ahead in Gulf
Texaco and Chevron are proceeding on a fast track with a $185million subsea production system for their Gemini prospect, asubsalt project in the deep-water Gulf of Mexico expected to yieldup to 300 Bcf of gas and four million barrels of condensate.