Supplier

A coalition of natural gas supplier and consumer groups Thursday expressed support for FERC’s effort to improve the quality of the financial information that interstate pipelines are required to file with the agency quarterly and annually. It asked FERC to quickly implement a series of “minor” changes to agency financial forms to ensure that shippers are armed with adequate information about the pipelines that transport their gas.

Constellation Energy said last week that subsidiary Constellation NewEnergy-Gas Division (CNE Gas) would acquire Cornerstone Energy Inc., further positioning CNE Gas as a supplier to commercial, industrial and institutional customers in North America and giving the company a larger foothold in growing ethanol markets.

Constellation Energy said Monday that subsidiary Constellation NewEnergy-Gas Division (CNE Gas) would acquire Cornerstone Energy Inc., further positioning CNE Gas as a supplier to commercial, industrial and institutional customers in North America and giving the company a foothold in growing ethanol markets.

Gazprom, the dominant supplier of pipeline gas to Russia, the former Soviet states and much of western Europe, has been a sleeping bear when it comes to LNG (liquefied natural gas). That is about to change as Russia’s gas titan lays the groundwork for a U.S. gas marketing and trading operation with an office in Houston and, ultimately, all the trappings of any other gas marketer.

Gazprom, the dominant supplier of pipeline gas for Russia, the former Soviet states and much of western Europe, has been a sleeping bear when it comes to LNG (liquefied natural gas). That is about to change as Russia’s gas titan lays the groundwork for a U.S. gas marketing and trading operation with an office in Houston and, ultimately, all the trappings of any other gas marketer.

Liquefied natural gas (LNG) terminals in Atlantic Canada will pay off on both the supplier and buyer sides of the East Coast market, says a study of the industry’s emerging new dimension. Increased gas flows are forecast to reduce pipeline tolls and improve the economics of East Coast production developments as well as stabilize the supply outlook for the U.S. Atlantic seaboard.

Sempra Energy’s Southern California Gas Co. and its principal interstate supplier, El Paso Natural Gas Co., have a preliminary agreement on a new contract for 750 MMcf/d of capacity on El Paso’s system to take care of SoCalGas’ core customers, according to a Securities and Exchange Commission filing last Tuesday by El Paso. SoCal’s offices were closed Thursday for the Christmas holiday, so the company could not confirm the details.

Sempra Energy’s Southern California Gas Co. and its principal interstate supplier, El Paso Natural Gas Co., have a preliminary agreement on a new contract for 750 MMcf/d of capacity on El Paso’s system to take care of SoCalGas’ core customers, according to a Securities and Exchange Commission filing last Tuesday by El Paso. SoCal’s offices were closed Thursday for the Christmas holiday, so the company could not confirm the details.

Joseph Blount, chairman of the Natural Gas Supply Association (NGSA), on Thursday downplayed concerns that growing imports of liquefied natural gas (LNG) in the United States could lead to the formation of a “cartel” similar to that seen in the global oil sector.