While scores of pipelines are jockeying to supply gas to newpower generators in the Northeast market, PG&E Gas Transmission— the seventh largest pipeline in the nation – is turning itsattention to the rapidly growing generation markets in the PacificNorthwest and Texas, where the competition from rival pipelines ismuch less fierce.
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CMS Scores Deal to Manage Bank One’s Energy
In its second major energy services move in the past five days,CMS Marketing, Services and Trading, (CMS-MST) announced afive-year energy management agreement with Chicago-based Bank OneCorp., the nation’s fifth largest bank holding company. Neither thefinancial terms of the deal, nor Bank One’s energy output weredisclosed.
CMS Scores More LNG
CMS Energy moved a step closer to its liquefied natural gas(LNG) goals yesterday, as its energy marketing arm, CMS Marketing,Services and Trading, (CMS-MST) purchased three LNG shipments fromRas Laffin LNG Co. Limited (Rasgas) in Qatar. The three cargoes,carrying a combined 8.1 Bcf, will be delivered in November andDecember of this year and in February of 2000 to CMS’ LNG complexin Lake Charles, LA, then fed into CMS Trunkline’s interstatepipeline system. The overall cost for the shipments was notreleased.
CMS Scores 10-Year Prepaid Municipal Supply Deal
CMS Marketing, Services and Trading (CMS-MST), has jumped on thebandwagon of offering municipal customers prepaid gas supply totake advantage of low municipal bond interest rates.
CMS Scores 10-Year Prepaid Municipal Supply Deal
CMS Energy Corp.’s energy marketing business, CMS Marketing,Services and Trading (CMS-MST), has jumped on the bandwagon ofoffering municipal customers prepaid gas supply to take advantageof low municipal bond interest rates.