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In an effort to provide a more expansive period in whichparticipants can adjust their positions on evenings whenafter-hours Access trading is unavailable, the New York MercantileExchange will offer a 10-minute post-close trading session at theend of every week, with the same trading range that occurs duringthe day’s trading session, for its crude oil, heating oil, unleadedgasoline, and natural gas futures contracts.

FERC yesterday gave Columbia Gulf Transmission the go-ahead tobuild a 37-mile lateral to provide natural gas service to two powerfacilities in Warren County in Mississippi.

Following an approval handed down by the Virginia StateCorporation Commission, AGL Energy Services will now provide energyservices including natural gas acquisition and gas transportationmanagement to Norfolk-based Virginia Natural Gas’ 230,000 customersin southeastern Virginia.

Guardian Pipeline said it bought five engine compressor packagestotaling 22,225 hp to provide natural gas compression on its141-mile, 660 MMcf/d pipeline in Illinois and Wisconsin. Itpurchased the compressors from Compressor Systems, Inc. of Midland,TX. Combined, the compressors will be capable of delivering up to750 MMcf/d of gas on Guardian. “Guardian Pipeline is continuing tomake steady progress. This purchase agreement for a major equipmentcomponent keeps Guardian on track to meet its scheduled in-servicedate of November 2002,” said George Hass, Guardian project manager.A final Federal Energy Regulatory Commission (FERC) decision on theGuardian Pipeline is expected by early 2001. In June, FERC issued aPreliminary Determination that the pipeline is in the publicinterest, subject to the outcome of its environmental review, andin July, FERC staff issued a favorable Draft Environmental ImpactStatement on the project. In addition, the Public ServiceCommission of Wisconsin made a preliminary determination on theproject in October, accepting the economics of a Wisconsin Gaslateral pipeline, which will connect Guardian with Wisconsin Gas’distribution system. Guardian will transport gas frominterconnections with Alliance, Northern Border, Midwestern, andNGPL at the Chicago hub near Joliet, IL, to northern Illinois andsouthern Wisconsin markets starting in November 2002. Its sponsorsinclude CMS, WICOR and Viking Gas.

FERC has approved a proposal by Tuscarora Gas Transmission toincrease its mainline capacity and construct a new lateral toprovide up to 10,000 Dth/d of FT for Sierra Pacific Power.

Williams and ONEOK reported yesterday that they have reached atwo-year agreement in which Williams will provide incremental firmtransportation service of 56,200 Dth/d to the Oklahoma Natural Gas(ONG) division of ONEOK.

Dominion Transmission is conducting an open season for anupgrade of its system to provide 300 MMcf/d of new firmtransportation from Canadian and Midwestern points to the Leidy,PA, hub for connections to major markets in the Northeast.

Dominion Transmission will conduct an open season for an upgradeof its system to provide 300 MMcf/d of new firm transportation fromCanadian and Midwestern points to the Leidy, PA, hub forconnections to major markets in the Northeast.

Entergy Corp. and The Shaw Group Inc. have created EntergyShaw LLCto provide management, engineering, procurement, construction andcommissioning services to build electric plants worldwide. The twosigned the letter of intent to form the new company in early June. Itwill be headquartered in Baton Rouge, LA (see Daily GPI, June 5). Entergy and Shaw each will own a50% interest in the new company and Jim Early, a Shaw senior vicepresident, has been appointed president. In the next few years, thecompany is expected to manage the construction of several powerprojects, with a total capital value of more than $6 billion. Theactual number of projects was not announced.