British Gas Trinidad and Tobago Ltd. (BGTTL) may get an earlyChristmas present. It has asked FERC to issue a preliminarydetermination (PD) on Southern LNG Inc.’s proposal to recommissionits liquefied natural gas terminal facility at the Dec. 15 regularmeeting. FERC has placed the project on the agenda — so BGTTL ishalfway there — but whether it will issue a PD is quite anothermatter.
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Articles from Push
Forecasts Are the Difference as Cash and Futures Diverge
Even as cash prices plummeted 25 cents or more for weekenddeliveries the futures screen managed to push higher Friday astraders looked past the unseasonably warm weather outside theirwindows and focused instead on short and medium range forecasts.After a strong opening at $2.56 the December contract caught a waveof technical buying from both trade and local shorts, allowing itto peak at $2.71 before settling up 12.7 cents at $2.649.
Records and Futures Fall as Temperatures Push 80 Degrees
Under heavy pressure from near record-setting high temperatures,the natural gas market caved in yesterday as traders continued toliquidate long positions. After opening at $2.80 the Decembercontract was hit with a Microsoft-like drop, breaking through keysupport levels at $2.74 and $2.70, to finish off 21.9 cents at$2.665.
Alaska Cool to BP Amoco, ARCO
After Alaska’s governor balked at a move by BP Amoco to pushconsideration of its ARCO acquisition through the Federal TradeCommission, the company has backed off and pledged to address thestate’s anti-competitive concerns. Discussions between the companyand Alaska were ongoing last week.
BP Amoco Wooing Alaska to Win ARCO
After Alaska’s governor balked at a move by BP Amoco to pushconsideration of its ARCO acquisition through the Federal TradeCommission, the company has backed off and pledged to address thestate’s anti-competitive concerns.
Canadian Assets a Hot Prospect With Price & Drilling Hikes
As producers get organized for a forecast big push to acceleratedevelopment of Canadian natural-gas supplies, a hot market in fieldassets is emerging.
Canadian Assets are Hot Prospects With Price & Drilling Hikes
As producers get organized for a forecast big push to acceleratedevelopment of Canadian natural-gas supplies, a hot market in fieldassets is emerging.
Enron Continues to Push Outsourcing Services
Enron Energy Services (EES) inked its largest energy management outsourcing contract last Tuesday, as Suiza Food Corp., a Dallas-based manufacturer and distributor of dairy products, agreed to receive comprehensive energy management services at more than 50 manufacturing facilities in 24 states. The contract continues EES’ outsourcing success, marking the fourth major deal in the last five months.
Enron Continues to Push Outsourcing Services
Enron Energy Services (EES) inked its second major energymanagement outsourcing contract in the last three months Tuesday,as Suiza Food Corp., a Dallas-based manufacturer and distributor ofdairy products, agreed to receive comprehensive energy managementservices at more than 50 manufacturing facilities in 24 states.Although no amounts were disclosed, Enron did say the ten-year dealis its biggest outsourcing contract.
Storage Gives Bulls Much Needed Reprieve
After a brief and uninspired upside push was thwarted, naturalgas futures continued lower yesterday as follow-through sellingtook prices to their lowest level since April. No fresh news wasseen influencing prices, and as a result bears remained solidly incontrol, traders said. The August contract finished down an evennickel at $2.141.