El Paso said a shutdown of the Blanco (NM) Plant starting June 5represents the largest annual outage on its system, impacting about15% of normal total throughput. There will be zero flow throughBlanco for about four hours on June 5. Thereafter the IMOITRKA (BRValverde) point can flow at its normal rate, but the net reductionof San Juan Basin capacity for the day will be 600 MMcf/d. Duringthe June 5-9 period maintenance on Blanco’s C and D plants will cutSan Juan capacity by 500 MMcf/d. A June 5-14 outage of the Gallup(NM) Station essentially will have no additional impact whileBlanco is down, but will result in a 250 MMcf/d San Juan cutbackJune 10-14. Combined pipeline and compressor maintenance betweenthe Leupp and Flagstaff Stations in Arizona will reduce NorthMainline capacity by 500 MMcf/d June 5, 400 MMcf/d June 6 and 210MMcf/d June 7. See the El Paso bulletin board for details of othermaintenance planned during June.
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Independence Offers Negotiated Basis Rate
Independence Pipeline and ANR Pipeline are offering a new negotiated basis rate option for shippers who sign on for 10 years starting Nov. 1, 2002 for firm transportation from Chicago to the Leidy Hub in Pennsylvania.
Independence Offers Rate Option to Attract Shippers
Independence Pipeline and ANR Pipeline are offering a newnegotiated basis rate option for shippers who sign on for 10 yearsstarting Nov. 1, 2002 for firm transportation from Chicago to theLeidy Hub in Pennsylvania.
AGA Moves Up Release of Storage Data
The New York Mercantile Exchange’s (Nymex) natural gas pitprobably will be a lot more active on Wednesdays, starting March 1.The exchange, along with several major market players, hasconvinced the American Gas Association to move up by two hours therelease of its influential gas storage report.
Hydrate Problems Force Sable Curtailments
The Sable Offshore Energy Project has had to shut downproduction twice since starting operations Jan. 1. The firstincident occurred on Friday, Jan. 7, only a week after gas began toflow, when a sub-sea line started experiencing hydrate problems(essentially ice slug blockage). Then early last week the Sableprocessing plant onshore had to be evacuated because of a gas leakwarning. As of last Friday there was no prognosis on whenproduction would be restarted.
Hydrate Problems Force Sable Curtailments
The Sable Offshore Energy Project had to shut down productiontwice since starting operations Jan. 1. The first incident occurredon Friday Jan. 7 only a week after gas began to flow when a subsealine started experiencing hydrate problems (essentially ice slugblockage). Then early last week the Sable processing plant onshorehad to be evacuated because of a gas leak warning. As of lastFriday there was no prognosis on when production would berestarted.
BP Amoco Pushes for Annual Rate Changes
BP Amoco is starting a quiet, behind-the-scenes campaign aimedat bringing pipeline rate-setting out of the realm of the archaic,making it current and market-responsive by building in annualre-calculations to adjust return on equity.
BP Amoco Pushes for Annual Rate Changes
BP Amoco is starting a quiet, behind-the-scenes campaign aimedat bringing pipeline rate-setting out of the realm of the archaic,making it current and market-responsive by building in annualre-calculations to adjust return on equity.
KN Tags Numerous Assets to be Sold, Reports Loss for 2Q
KN Energy cleaned house last week, starting with a corporate yard sale with tags on everything but the kitchen sink. It also continued the shake-up among top management that began with the sudden departure of former CEO Larry Hall last month when KN’s merger with Kinder Morgan was first announced (see NGI July 12).
CA’s First Merchant Plant Nears Starting Gate
Although gas supply and power contracts probably won’t be signeduntil next year, California’s first major merchant generation plantis expected to get its final state regulatory approval next weekand break ground this summer north of Sacramento in Sutter Countynear the agricultural town of Yuba City. A set of environmentalconcessions by the project sponsor, San Jose, CA-based CalpineCorp., pushed it into the lead spot among seven other projectsundergoing the state regulatory approval process. Projectfinancing, gas supply contracts and power supply deals will all bewrapped up in the second and third quarters of 2000, according toCalpine’s Sutter project manager, Curt Hildebrand.
