Retaining

Encana Corp. is taking a 30% stake in the planned Kitimat liquefied natural gas (LNG) export terminal on the west coast of central British Columbia (BC) and its associated gas pipeline, the Calgary-based company said last Friday. Encana is joining units of Apache Corp. and EOG Resources Inc. in the project, which will target Asian markets with western Canadian gas supplies.

After ending a high-linepack OFO Friday, Southern California Gas issued another one for Saturday, retaining the same 10% tolerance for positive daily imbalances.

Falcon Gas Storage Co. Inc.’s founding management group has exercised a partial equity sale option and will step down at the end of the year, while retaining a “significant” equity ownership position in the company, it said last week.

Falcon Gas Storage Co. Inc.’s founding management group has exercised a partial equity sale option and will step down at the end of the year, while retaining a “significant” equity ownership position in the company, it said Monday.

Anadarko Petroleum has completed a $2.2 billion transaction that has accelerated the monetization of its midstream assets while retaining its existing ownership, control and management of the assets, the company said.

By retaining relatively open access to the credit and capital markets, U.S. natural gas utilities, investor-owned utilities, interstate pipelines and public power companies should be “relatively unaffected” by any economic slowdown in 2008, according to a report by Fitch Ratings.

By retaining relatively open access to the credit and capital markets, U.S. natural gas utilities, investor-owned utilities, interstate pipelines and public power companies should be “relatively unaffected” by any economic slowdown in 2008, according to a report by Fitch Ratings.

FERC has upheld a prior order retaining its existing policy on selective discounting for interstate natural gas pipelines, allowing them to offer discounts to shippers to compete effectively with other gas pipelines as well as alternate fuels.

Southern California Gas extended a high-linepack OFO that began Thursday through at least Friday, retaining the 10% positive imbalance tolerance.