Natural gas futures on Friday declined for the fourth consecutive session as the June contract shaved another 7.1 cents to $4.035. For the week the prompt-month contract dropped 27.7 cents, or 6% of its value.
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Mackenzie Valley Pipeline Project’s Costs, Environmental Impact Trimmed
An engineering review has shaved about 4% off forecast costs of the proposed Mackenzie Valley Pipeline and reduced its environmental footprint, the sponsors have told Canada’s National Energy Board.
Maritimes’ Canadian Cost of Service Lowered
Canada’s National Energy Board has shaved about $2.2 million offof Maritimes & Northeast Pipeline’s requested cost of serviceand cut about $11.6 million out of the pipeline’s requested ratebase. The NEB also altered Maritimes’ plans regarding discounts.
Maritimes’ Canadian Cost of Service Lowered
Canada’s National Energy Board has shaved about $2.2 million offof Maritimes & Northeast Pipeline’s requested cost of serviceand cut about $11.6 million out of the pipeline’s requested ratebase. The NEB also altered Maritimes’ plans regarding discounts.