Supply

Nicholas J. Bush, former president of the Natural Gas SupplyAssociation (NGSA), has been charged with one count of criminalmail fraud and one count of tax evasion in connection for his rolein allegedly embezzling more than $2.8 million through fakeconsulting contracts from the producer trade group.

Nicholas J. Bush, former president of the Natural Gas SupplyAssociation (NGSA), has been charged with one count of criminalmail fraud and one count of tax evasion in connection with his rolein the embezzlement of more than $2.8 million from the producertrade group.

A 270 MMcf/d reduction in San Juan Basin supply persisted intothe weekend-and possibly beyond-as El Paso reported it had founddamage to internal rotating components in its Blanco Plant’s “D”turbine that would require removal and inspection. The plant hadbeen scheduled to resume full operation Thursday. If the parts canbe repaired and reused, the turbine should return to service May31, El Paso said. But if the parts must be replaced, the projectedreturn date is June 5.

The Natural Gas Supply Association (NGSA) in a completeabout-face last week withdrew the civil fraud charges against aformer Canadian Embassy aide less than a month after bringing them.The reason given for the action was to encourage negotiationsbetween the two sides, but some took it as a sign that the chargesmay have been weak.

The Natural Gas Supply Association (NGSA) has dropped the civilfraud charges against a former Canadian Embassy aide pending theoutcome of negotiations between her and her attorney and theproducer group.

Major improvements in well productivity from new technology andhigher success rates in gas drilling will help producers meetanticipated robust growth in U.S. gas demand over the next twodecades, according to a Gas Research Institute study.

An attorney for the Natural Gas Supply Association (NGSA)revealed Friday that the civil investigation into the allegedembezzlement activities of the group’s ousted president, NicholasJ. Bush, has spread to Canada.

An attorney for the Natural Gas Supply Association (NGSA)revealed Friday that the civil investigation into the allegedembezzlement activities of the group’s ousted president, NicholasJ. Bush, has spread to Canada.

The Natural Gas Supply Association (NGSA) shuffled its executive organization last week, yet its hunt for a new president continues. The NGSA said it still does not have a timeline for an appointment to the presidency post, but it hopes to get the job filled quickly. Sources indicated, however, the search may take longer than initially anticipated.