Struck

Northern Natural Gas has had three or more chances to justifyits proposal to offer limited firm throughput (LFT) service on itssystem, but it has struck out every time, industrial anddistributor shippers contend. They have asked FERC to either castaside the pipeline’s proposal for the new service or order radicalchanges to assuage their concerns.

Northern Natural Gas has had three or more chances to justifyits proposal to offer limited firm throughput (LFT) service on itssystem, but it has struck out every time, industrial anddistributor shippers contend. They have asked FERC to either castaside the pipeline’s proposal for the new service or order radicalchanges to assuage their concerns.

The United States District Court for the District of Columbiahas struck down a controversial part of the Interior Department’s1997 royalty valuation rule for natural gas, which incorporatedmarketing costs in the valuation. (Civ. No. 98-00531)

A federal district court has struck down a controversial part ofthe Interior Department’s 1997 royalty valuation rule under whichroyalties were calculated on the market price of the gas even if itwas a delivered price downstream from the lease, the IndependentPetroleum Association of America said yesterday.

At the end of a very busy week for CMS Energy, the companyannounced it had struck its first deal for a large power plant tobe fed by gas delivered on Panhandle Eastern Pipeline acquired fourdays earlier from Duke Energy.

NGC Corp. struck its first wholesale electric marketing alliancewith an electric utility in a deal with Florida Power Corp. (FPC).The alliance would capitalize on developing wholesale energymarkets in Florida and other regions, NGC said. It combines theenergy marketing, trading and risk management skills of NGC withthe current power marketing capabilities and over 8,500 MW of powersupply assets of Florida Power. The alliance will allow NGC and FPCto offer wholesale customers in Florida and the southeast a fullspectrum of wholesale power services, and maximize theopportunities for commercial management of FPC’s generation assets.