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Transportation Notes

Sonat implemented an OFO Type 6 for short imbalances Sunday, then canceled it at the start of Monday’s gas day. The pipeline last week had said it expected repairs to its Hurricane Ivan-damaged South Pass 60 line to last through Feb. 5 (see Daily GPI, Jan. 25), during which it is unable to receive gas at Main Pass 116. Citing delays created by strong water currents, Sonat estimated Monday that the return to service of Main Pass 116 is now around Feb. 10. “Once again, there are many variables when making repairs offshore. Therefore, this schedule could change,” Sonat added.

February 1, 2005

Transportation Notes

Florida Gas Transmission let last week’s Overage Alert Day notices lapse Saturday, then implemented new ones Sunday and Monday. Monday’s tolerance for negative daily imbalances was 15%.

December 21, 2004

Transportation Notes

Southern California Gas kept a high-linepack OFO issued for Thursday in place through Sunday, then lifted it Monday.

November 30, 2004

Transportation Notes

Southern California Gas kept a high-linepack OFO issued for Thursday in place through Sunday, then lifted it Monday.

November 30, 2004

December Futures Find $9.21 Resistible Again

After opening higher Monday, then revisiting the $9.20 high from last Thursday, December natural gas futures fell for the remainder of the session to settle at $8.72, down a half of a cent from Friday’s close.

November 2, 2004

December Futures Find $9.21 Resistible Again

After opening higher Monday, then revisiting the $9.20 high from last Thursday, December natural gas futures fell for the remainder of the session to settle at $8.72, down a half of a cent from Friday’s close.

November 2, 2004

Transportation Notes

Southern California Gas extended Saturday’s high-linepack OFO through Sunday, then lifted it for Monday.

October 19, 2004

FERC Tackles Waiver/Exemption Requests as Standards of Conduct Take Effect

With the expanded standards of conduct poised to take effect Wednesday (Sept. 22), the Federal Energy Regulatory Commission has responded to a host of requests for waivers and exemptions from all or some of the requirements under the standards of conduct governing the relationships between regulated natural gas/electric transmission providers and their affiliates.

September 22, 2004

Transportation Notes

Westcoast restored its normal 10% pack/10% draft imbalance tolerance range Thursday after having set it at zero/20% and then 5%/15% previously to encourage drafting of the system because of high linepack.

August 23, 2004

Futures Rally, Then Retreat as Traders Track Tropical Storms

Boosted by the bullish combination of hurricane fears and Gulf-area production curtailments, the natural gas futures market surged higher early Tuesday on waves of commercial and local-trader buying. After gapping higher at the opening bell, the September contract shot to a new one-week high at $5.96 as all eyes were watching the development of Tropical Storm (TS) Bonnie in the Gulf of Mexico.

August 11, 2004
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