Pronounced

Canadian exporters scored an 18.7% revenue gain in the last natural gas contract year. But the period also ushered in a pronounced downturn in the volume of trade with the United States. Improved prices accounted for virtually all of the increase in the total value of Canadian gas exports in the 12 months that ended Oct. 31, show records kept by the National Energy Board (NEB).

Canadian exporters scored an 18.7% revenue gain in the last natural gas contract year. But the period also ushered in a pronounced downturn in the volume of trade with the United States. Improved prices accounted for virtually all of the increase in the total value of Canadian gas exports in the 12 months that ended Oct. 31, show records kept by the National Energy Board (NEB).

November natural gas futures retreated following pronounced weakness in petroleum and equity markets Friday. Traders pointed to technical weakness with little in the way of support until prices fall another $1.

Harold N. (Hal) Kvisle was elected Friday as chairman of the board of directors of the Interstate Natural Gas Association of America (INGAA) for 2004. Mr. Kvisle (pronounced “Quisley”) is the president and CEO of TransCanada Corp. and is the first Canadian national to chair INGAA. He succeeds Fred J. Fowler, president and COO of Duke Energy Corp., as INGAA chairman. Also Friday, INGAA elected its officers for 2004. Keith O. Rattie, president and CEO for Questar Corp. was elected first vice chairman. Paul D. Koonce, CEO for Transmission at Dominion Energy, Inc., was elected second vice chairman. INGAA represents virtually all of the interstate natural gas transmission pipeline companies operating in the United States, as well as comparable companies in Canada and Mexico. Its members transport over 95% of the United States’ natural gas through a network of 180,000 miles of pipelines.

Some of the “most pronounced” turnback activity for long-termfirm capacity can be expected to occur this year, next year and in2004, according to an analysis of the pipeline transportationmarket issued by the Energy Information Administration (EIA) lastweek.

Some of the “most pronounced” turnback activity for long-termfirm capacity can be expected this year and next, according to ananalysis of the pipeline transportation market issued by the EnergyInformation Administration (EIA) yesterday.

NIPSCO Industries is changing its name to NiSource Inc.(pronounced Nye-source), in an attempt to signal a new directionfor the company as a multi-state supplier of energy and waterresources and related services. The company’s logo will remain thesame, continuing to incorporate beams bursting from a point oflight.