While admitting that proliferating pipeline projects arecreating a tall order for marketers, the Canadian natural gascommunity is not only talking optimistically – it is acting onexpectations that its hopes for increased exports will come true.
Sees
Articles from Sees
FERC Sees Merit to Phelps Dodge Complaint
FERC last week came down on the side of Phelps Dodge Corp. in acomplex contract dispute with El Paso Natural Gas. It ordered theTexas-based pipeline to either add the delivery points sought byPhelps Dodge, or to show cause within a month why – due tooperational and capacity constraints – it cannot do so.
Enron Sees Robust 2Q Wholesale Growth, EES Losses
Enron deliveries of energy commodities grew 47% from the secondquarter of last year, including a 10% increase in gas deliveriesand a more than 100% increase in power marketed. However, resultsof the gas pipeline group and exploration and production were offslightly, and the retail business, Enron Energy Services (EES),lost more money than it did a year ago.
EIA Sees Weaker Demand, Prices
Expect weakening prices and slow gas demand growth this year,the Energy Information Administration said last week in a sharpdeparture from earlier forecasts. Its July Short-Term EnergyOutlook is based on first-quarter data that show a “surprising”5.1% decline in industrial gas use compared to the same period in1997, despite a 3.4% increase in industrial output by gas-intensivemanufacturers.
AGA Sees Demand Growing 40% by 2015
The American Gas Association released a study yesterday thatforecasts gas consumption growth of 40% by 2015, fueled by strongindustrial demand growth, the dominance of gas-fired generation innew power plant construction and the popularity of gas in new homeand commercial construction. AGA projects gas will expand its shareof the U.S. energy market to 28% in 2015. Consumption is expectedto rise to 31.9 quadrillion Btus (roughly 31 Tcf) from about 22.9quads in 1997.
EIA Sees Pipeline Capacity, Utilization Up
The capacity of natural gas pipelines reached an all-time highof more than 84 Bcf/d or 30.7 Tcf/year in 1997, according to areported released Friday by the Energy Information Administration.”This represents a 15% increase over installed capacity reported in1990,” EIA said in a report: “Deliverability on the InterstateNatural Gas Pipeline System.” Flowing gas increased 24% between1990 and 1996, resulting in a record high 75% utilization rate,while U.S. consumption grew by 17%, fed by a doubling of imports.U.S. production increased 6%.
AGA Sees Choice Spreading Fast, Others are not so Sure
The American Gas Association said yesterday 30% of the U.S.households with gas service, or 17 million homes, have or soon willhave the opportunity to purchase their natural gas from a supplierother than their local gas utility.
Analyst Sees Widespread Divestiture of Market Affiliates
Non-regulated utility marketing affiliates may become a thing ofthe past, not as a result of forced divestiture but of voluntaryseparation, according to Hagler Bailly Consulting’s Ken Malloy.
Breathitt Sees More Competitive Short-Term Market
Standardization of short-term transportation services andmarket-based pricing for those services are front-burner issues atthe Federal Energy Regulatory Commission, new Commissioner Linda K.Breathitt told Washington attorneys Thursday.
Glynn Sees PG&E Trimming Assets
Without giving specifics, the CEO of PG&E Corp.confirmedhe is looking to sell some of its recently acquiredmulti-billion-dollar gas and electric assets in the U.S. andAustralia later this year.