In spite of a temporary disruption to natural gas supplies because of Hurricanes Katrina and Rita, the Texas Energy Reliability Council (TERC) said Tuesday winter supplies will be adequate — but gas bills are expected to be a lot higher.
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PG&E Resumes Bidding Process for Long-Term Power Supplies
Pacific Gas and Electric Co. (PG&E) last week said that it is resuming its long-term procurement process after a temporary delay that began in January. PG&E expects to issue updated request for offers (RFOs) in March, with a submission deadline for initial offers in April. Offers will continue to be solicited for both facility ownership and power purchase alternatives.
Coast Guard Tackles Rule on LNG Deepwater Ports, Monitors LNG Deliveries in Boston Harbor
The U.S. Coast Guard is working on a temporary interim rule that would add regulation of liquefied natural gas (LNG) deepwater ports to the agency’s jurisdiction. The interim rule is expected to be published shortly — “more likely” after Jan. 1, a Coast Guard spokeswoman said.
Coast Guard Tackles Rule on LNG Deepwater Ports, Monitors LNG Deliveries in Boston Harbor
The U.S. Coast Guard is working on a temporary interim rule that would add regulation of liquefied natural gas (LNG) deepwater ports to the agency’s jurisdiction. The interim rule is expected to be published shortly — “more likely” after Jan. 1, a Coast Guard spokeswoman said.
ACN Energy Comments on Atlanta Gas’ Stay of Termination Petition
Commenting on the temporary reprieve ACN Energy received last week that will allow it continue marketing natural gas in Georgia, the Farmington Hills, MI-based company said it was “pleased” that it was able to reach an agreement with Atlanta Gas Light Co. (AGLC) (see Daily GPI, Nov. 18).
Cash Climbs 10-20 Cents on Storm Impact, Futures’ Coattails
Pulled higher by the momentum in the futures market and some lingering effects of the 2.1 Bcf/d in temporary production curtailments in the Gulf of Mexico late last week because of formerly Tropical Storm Hanna, cash prices bounded 10-20 cents higher Monday and ended on a relatively strong note at most locations outside the Rockies.
Pipeline Projects 89 Tcf of Reserves Offshore Nova Scotia
Cuts dealt to estimates of natural gas reserves offshore Nova Scotia this winter were only temporary setbacks to growth that still has potential to surprise even optimists, the National Energy Board has been assured. The region harbours up to 89 Tcf of gas or about twice as much as Alberta’s remaining established reserves, Maritimes & Northeast Pipeline said.
Pipeline Projects 89 Tcf of Reserves Offshore Nova Scotia
Cuts dealt to estimates of natural gas reserves offshore Nova Scotia this winter were only temporary setbacks to growth that still has potential to surprise even optimists, the National Energy Board has been assured. The region harbours up to 89 Tcf of gas or about twice as much as Alberta’s remaining established reserves, Maritimes & Northeast Pipeline said.
Interior Complies with TRO, Shuts Down Web Site
The Interior Department has shut down its web site in compliance with a temporary restraining order (TRO) issued by a federal judge in Washington, DC.
Lawsuit Alleges Enron Execs, Board Profited From Deception
A federal judge in Houston Friday was weighing a temporary restraining order request by Amalgamated Bank of New York that would freeze more than $1 billion allegedly gained by Enron Corp. executives and directors who allegedly deceived investors to boost the price of stock before selling millions of shares of the now bankrupt company in the past year.