Questar Pipeline Co. said it is one major step closer to making its Southern Trails project a reality. The company said it secured a long-term gas-transportation contract for the entire initial capacity on the east zone of the project. The 705-mile pipeline, which runs from Blanco, NM, to Long Beach, CA, is divided into two zones, east and west. The east zone has the capacity to transport 80,000 Dth/d from multiple receipt points in the prolific San Juan Basin near the Four Corners area to multiple delivery points at or near the California state line.
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Southern Trails Stymied by SoCalGas Tariff
With focus shifting to natural gas prices and supplyavailability this fall and winter, a proposed conversion of the old16-inch-diameter Four Corners oil pipeline to natural gas has runinto a stalemate over a Southern California Gas Co. tariff thatallegedly inhibits the new pipeline from signing up industrialloads in the southern half of the state.
Southern Trails Stymied by SoCalGas Tariff
With focus shifting to natural gas prices and supplyavailability this fall and winter, a proposed conversion of the old16-inch-diameter Four Corners oil pipeline to natural gas has runinto a stalemate over a Southern California Gas Co. tariff thatallegedly inhibits the new pipeline from signing up industrialloads in the southern half of the state.
Southwest Gas Consolidation Options Stymied
After being an attractive takeover or merger target, the phonelines to Las Vegas-based Southwest Gas Corp. from prospectivesuitors are idle.
Southwest Gas Consolidation Options Stymied
After being an attractive takeover or merger target, the phonelines to Las Vegas-based Southwest Gas Corp. from prospectivesuitors are idle, several major lawsuits having been filed overlast year’s failed merger attempts-first with a desired partner andsecond with an unwanted partner.
Small Gains Fail to Sway Bearish Sentiment
Modest gains were seen in the natural gas pit yesterday after alocal-led sell-off was stymied by scale-down trade buying. Asidefrom cash prices moving a couple pennies higher, the fundamentalpicture remained overwhelmingly bearish, prompting traders to blametechnical factors for Thursday’s strength. The February contracttraded up 2.8 cents to $2.196 and March bounced 3.6 cents to$2.237. Equally as impressive was the 12-month strip, which gained2.6 cents to $2.391