Restrictions

FERC Grants NGPL’s Stiffer Credit Restrictions, Rejects Some Provisions

FERC denied requests for rehearing and stay by numerous pipeline customers and approved stiffer creditworthiness standards for Natural Gas Pipeline Company of America (NGPL), including a plan to suspend service within five business days if a shipper falls behind in payments a second time within six months and another plan that would halve the time period to 15 days for suspending service when a shipper is delinquent in payments.

April 7, 2003

FERC Grants NGPL’s Stiffer Credit Restrictions, Rejects Some Provisions

FERC denied requests for rehearing and stay by numerous pipeline customers and approved stiffer creditworthiness standards for Natural Gas Pipeline Company of America (NGPL), including a plan to suspend service within five business days if a shipper falls behind in payments a second time within six months and another plan that would halve the time period to 15 days for suspending service when a shipper is delinquent in payments.

April 2, 2003

Transportation Notes

Algonquin lifted Monday a long-running ban on accepting due-shipper imbalance make-up nominations, leaving no restrictions in place on its system.

March 18, 2003

FERC Eases Flow of Information Between Itself and Market Monitors

FERC last Wednesday issued an order lifting restrictions on the flow of communication between the federal agency and its market monitors spread out across the country. An unfettered, two-way stream of information between FERC and the market monitors is seen as a key element in the Commission’s overall efforts to stay on top of energy markets throughout the United States.

January 20, 2003

Transportation Notes

Affiliated pipelines Texas Eastern and Algonquin removed all remaining transportation restrictions Tuesday.

December 11, 2002

DOE: Atlantic Canadian Gas Has 87% Share of New England Market

As the fight over a demand for Canadians-first restrictions against exports of natural gas produced offshore Nova Scotia went to the final stage of oral hearings, a report in Washington highlighted the value of an open border to the industry. Canadian exporters cornered a record 87% of the gas market in New England during 2001, said a review of the trade by the U.S. Department of Energy (DOE).

July 22, 2002

DOE: Atlantic Canadian Gas Has 87% Share of New England Market

As the fight over a demand for Canadians-first restrictions against exports of natural gas produced offshore Nova Scotia went to the final stage of oral hearings, a report in Washington highlighted the value of an open border to the industry. Canadian exporters cornered a record 87% of the gas market in New England during 2001, said a review of the trade by the U.S. Department of Energy (DOE).

July 22, 2002

DOE: Atlantic Canadian Gas Has 87% Share of New England Market

As the fight over a demand for Canadians-first restrictions against exports of natural gas produced offshore Nova Scotia went to the final stage of oral hearings, a report in Washington highlighted the value of an open border to the industry. Canadian exporters cornered a record 87% of the gas market in New England during 2001, said a review of the trade by the U.S. Department of Energy (DOE).

July 22, 2002

Enbridge Sides with Producers Against Protectionism, Export Restrictions

The supply side of the Canadian natural gas industry added a key ally in its fight against proposals to restricting gas exports to the U.S. Northeast. Despite losing a pipeline project because of producer determination to dedicate Nova Scotia production to U.S. markets, Enbridge Inc. has come out on the side of producers in a battle against a new appeal from the New Brunswick government for intervention at the National Energy Board. The province is demanding rights to review and potentially block all natural gas export transactions.

June 17, 2002

Calpine Gets Contract for Florida Plant

Florida’s onerous restrictions on new power plant construction aren’t holding back Calpine Corp. The company announced it has signed a contract to supply power from a new 540 MW combined cycle plant to Tampa-based Seminole Electric Cooperative.

October 23, 2000