Scraps

Distrigas of Massachusetts LLC (DOMAC), a major supplier of liquefied natural gas (LNG), on Tuesday informed FERC that it was withdrawing its application to build a send-out line in the wake of Algonquin Gas Transmission’s decision to scrap its plans for a Boston-area lateral extension.

FirstEnergy Corp. has canceled the $1.5 billion sale of four predominantly coal-fired power plants (2,535 MW) located along Lake Erie in Ohio to NRG Energy in anticipation of a breach of the sale agreement by NRG. FirstEnergy notified NRG, which is struggling through a financial crisis due to credit downgrades, and its NRG Able Acquisition LLC affiliate on Thursday that the agreements have been canceled and that FirstEnergy has reserved its right to pursue legal action against the companies.

TransCanada PipeLines plans to remove 12 older compressors fromservice in an effort to lower maintenance costs and reduce theamount of excess pipeline capacity on its system following thestart-up of the 1.325 Bcf/d Alliance Pipeline on Dec. 1.

TransCanada PipeLines plans to remove 12 older compressors fromservice in an effort to lower maintenance costs and reduce theamount of excess pipeline capacity on its system following thestart-up of the 1.325 Bcf/d Alliance Pipeline on Dec. 1.

Houston-based Reliant Energy has shelved plans to potentiallysell its natural gas distribution businesses and its interstatepipeline companies “at least for the near term,” said a companyspokesman.

Houston-based Reliant Energy has shelved plans to potentiallysell its natural gas distribution businesses and its interstatepipeline companies “at least for the near term,” said a companyspokesman.

KN Energy made a decision to discontinue its mc2 retail energymarketing unit, which was acquired when KN purchased MidCon Corp.earlier this year. KN said mc2’s business strategy clashed withthat of KN Services and en-able, KN’s retail energy marketing andservices joint venture with PacifiCorp.