Required

Citing required maintenance at its storage facilities, MRT issued a systemwide System Protection Warning effective Wednesday until the beginning of Monday’s gas day. Under the warning, MRT will not allow long imbalance positions on a daily basis and is not accepting gas to eliminate existing due-pipeline imbalances.

Sonat has experienced another unscheduled outage of unknown duration at Olga Compressor Station in southeast Louisiana. It required a reduction in interruptible receipt (A-1 and/or IT) capacity on the 26-inch Main Pass Area line effective with Tuesday’s intra-day 1 cycle. The latest outage is the fourth in a series over the past couple of months (see Daily GPI, April 1, March 17 and Feb. 13).

Sonat reported experiencing an unscheduled outage at its Olga (LA) Compressor Station that required a reduction in interruptible receipt (A-1 and/or IT) capacity on the 26-inch Main Pass Area line, effective with Tuesday’s evening cycle nominations until further notice. Repair plans are being developed, the pipeline said, but the duration of the outage is unknown at this time.

Heritage Propane Partners LP said it has received consents and approvals required to complete its previously announced purchase of Dallas-based midstream operator Energy Transfer Co. (see Daily GPI, Nov. 10). The transactions are still subject to other conditions, including Heritage obtaining financing. “The lenders under our existing credit agreements have agreed to amendments that allow Heritage to proceed with its combination with Energy Transfer,” said Heritage CEO H. Michael Krimbill. “In addition, we had previously filed premerger notification under the Hart-Scott-Rodino Antitrust Improvements Act and have received notice that the Federal Trade Commission has granted early termination of the waiting period.” The series of transactions is expected to close within the next 60 days. Heritage is the fourth largest propane retailer in the United States, serving more than 650,000 customers from nearly 300 customer service locations in 29 states. Energy Transfer operates 4,500 miles of gas gathering and transportation pipelines with an aggregate throughput capacity of 2.5 Bcf/d and natural gas treating and processing assets in Texas, Oklahoma and Louisiana.

Due to unforeseen riser repairs required at ANR’s Eugene Island 371 platform, production from Green Canyon 237 and Eugene Island 341 and 371 was shut in Tuesday for work that is expected to take about 10 days.

A district judge was expected to rule shortly on whether McGraw-Hill Cos. subsidiary Platts would be required to turn over its natural gas trading data to the Commodities Futures Trading Commission (CFTC) following a hearing in Houston last Monday. The CFTC subpoenaed the data as part of an investigation into market manipulation during the western energy crisis.

Southern Natural Gas pipeline was within its rights when it required Calpine Energy Services LP, a non-creditworthy shipper, to put up 30 months of collateral in order to receive service on its 114-mile South System Expansion project, FERC said last week.

Southern Natural Gas pipeline was within its rights when it required Calpine Energy Services LP, a non-creditworthy shipper, to put up 30 months of collateral to receive service on its 114-mile South System Expansion project, FERC said Wednesday.

Fleshing out its plans to sell more than $1 billion worth of power plant assets this year, El Paso Corp. last Monday disclosed in a regulatory filing that it expects to close the sale of a 775 MW power plant in New Jersey during the second quarter of this year.