NGPL: Auction Ruling May Rob it of Negotiated Benefits

Natural Gas Pipeline Co. of America (NGPL) fears that corrective action ordered by FERC with respect to its auction practices, if construed improperly, could boomerang and potentially “nullify” the pipeline’s negotiated-rate authority and “aggravate” its decontracting problems.

November 22, 1999

Chesapeake Shows 2Q Improvement

For the first time in the last eight quarters, Chesapeake EnergyCorp. of Oklahoma City, OK, turned a profit. The improvement was inspite of decreased production.

July 29, 1999

Major Revenue Growth Ahead for Distributed Power

Small scale power generation revenues are poised for growth,according to a new study by Business Communications Co. Revenueswere estimated at $4.2 billion in 1998 and are expected to grow atan average annual rate of 32.1% to pass $16 billion in 2003.

May 20, 1999

Nova Scotia Concerned about Maritimes Rate Hike

The Canadian Province of Nova Scotia told FERC it is concernedit could loose royalty revenue and pay higher rates on theMaritimes and Northeast pipeline as a result of Maritimes recentrequest to defer Phase I pipeline construction costs and servicefor one year. Maritimes told FERC last month its only Phase Ishipper, affiliate Duke Energy, exercised a provision in itscontract with the pipeline allowing it to defer using its firmtransportation on the line by a year.

April 15, 1998
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