Takers

Pacific Trail Pipelines LP (PTP) is seeking shippers for its proposed C$1.2 billion, 463-kilometer (288-mile) Kitimat to Summit Lake Looping Project (KSL Project). Capacity takers would eventually be able to transport Canadian gas to the proposed Kitimat LNG Inc. terminal for liquefaction and shipment to more lucrative markets in the Pacific Rim.

Playing a little bit of “give-and-take” on Thursday and Friday, the June natural gas futures contract met Thursday’s 7.5-cent run-up with a 7.9-cent drop in Friday trading. The prompt month closed Friday at $6.401, after trading between $6.38 and $6.48 with 53,838 contracts changing hands.

There are still no takers in a plan to unbundle Colorado’s gas utilities, but at least two utilities may be warming to the idea. A meeting in mid-July of the Colorado Public Utilities Commission (PUC) to discuss natural gas local distribution company unbundling, gas utility plans and consumer issues concluded with only two companies — the largest ones serving the state — reporting that they might provide unbundling programs. Just not now.

There are still no takers in a plan to unbundle Colorado’s gasutilities, but at least two utilities may be warming to the idea. Ameeting last week of the Colorado Public Utilities Commission (PUC)to discuss natural gas local distribution company unbundling, gasutility plans and consumer issues concluded with only two companies— the largest ones serving the state — reporting that theymight provide unbundling programs. Just not now.