FERC Thursday approved Northern Natural Gas pipeline’s proposal to construct and operate facilities to offload liquefied natural gas (LNG) at its peak-shaving facility in Hancock County, IA, to respond more quickly in the event of outage emergencies, heightened demand and required maintenance, as well as to provide LNG liquefaction and delivery service to third parties on an interruptible basis.
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Northern Natural Seeks Offloading Capability at Iowa LNG Plant
Northern Natural Gas pipeline has asked FERC for authorization to construct and operate facilities to offload liquefied natural gas (LNG) at its peak-shaving facility in Hancock County, IA, to respond more quickly in the event of outage emergencies, heightened demand and required maintenance, as well as to provide LNG liquefaction and delivery services to third parties on an interruptible basis.
Super Committee Urged to Shave More Than $1.5T from Deficit
A coalition of 155 organizations last Thursday called on members of the House-Senate super committee — which has been tasked with shaving an additional $1.2-1.5 trillion from the federal deficit by the end of the year — to go the extra mile.
Super Committee Urged to Shave More than $1.5T from Deficit
A coalition of 155 organizations Thursday called on members of the House-Senate super committee — which has been tasked with shaving an additional $1.2-1.5 trillion from the federal deficit by the end of the year — to go the extra mile.
Futures Inch Lower; Summer LNG Impact Debated
While April natural gas futures on Wednesday continued their recent trend of shaving a few pennies a day, the real fireworks could be found in neighboring crude futures, which saw the April contract fall $3.38 to close at $42.33/bbl, just two sessions after trading as high as $48.83/bbl. April natural gas closed Wednesday at $3.798, down 4.2 cents from Tuesday.
Massachusetts Auditor Finds Lax Oversight of Satellite, Peak Shaving LNG Facilities
The Massachusetts State Auditor on Thursday reported lax oversight by the Department of Telecommunications and Energy (DTE) of the state’s 20 peak shaving and satellite liquefied natural gas (LNG) storage facilities. The facilities, which are a various locations around the state, hold about 9.5 Bcf of natural gas and can deliver a total of 1 Bcf/d.
Yankee Breaks Ground on LNG Peak Shaving Plant
Berlin, CT-based Yankee Gas broke ground Thursday on a new $108 million 1.2 Bcf LNG peak shaving facility at the company’s Eagle Street work center in Waterbury, CT’s south end. The plant, which recently received construction approval from the Connecticut Department of Utility Control, is expected to be in service for the 2007/2008 heating season.