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TransGas Turns Up the Heat on TransCanada

Fresh competition has emerged for TransCanada PipeLines Ltd.’sNova gas-gathering grid in Alberta – this time from its neighbor tothe east in Saskatchewan.

October 4, 1999

TransGas Turns Up the Heat on TransCanada

Fresh competition has emerged for TransCanada PipeLines Ltd.’sNova gas-gathering grid in Alberta — this time from its neighborto the east in Saskatchewan.

October 1, 1999

Prices Continue to Slide but at a Slower Pace

Cash prices continued this week’s slide Wednesday, although thedescent wasn’t as steep as on the day before. Most of the newdeclines were around a dime or slightly more. The few pipes fallingless than a dime tended to be clustered in the Midcontinent.

September 16, 1999

Industry Briefs

After six months of construction, the Thunder Creek Pipelinebecame operational earlier this month, Thunder Creek Gas Servicessaid. The 126-mile 450 MMcf/d trunkline system, which carries gasproduced from the Powder River Basin in Northeast Wyoming, begandelivering gas into the KN Interstate system on Sept.1.Construction of the line was completed last month. Thunder Creekalso has interconnects with the CIG system, Wyoming InterstateCo.’s proposed Medicine Bow Lateral and KN’s proposed Pathfinderline. The estimated cost of the Thunder Creek gathering trunkline,related compression and the processing plant is $100 million.Thunder Creek Gas Services is a joint venture between KN Energy andDevon Energy. Two other projects designed to transport gas from thebasin, the Fort Union Gathering project and the Northern Header GasGathering project, are still in construction. Fort Union GasGathering project, a 106-mile system, currently is being built by aconsortium of five companies. The Northern Header Gas Gatheringproject is a 256-mile system that would move up to 500 MMcf/d fromthe northeast end of the basin for CMS Oil & Gas and Pennaco.

September 10, 1999

FERC to Address Competing Pipeline Projects

Faced with an onslaught of new pipeline projects, FERC this weekis expected to propose a policy statement that seeks to establish a”framework” by which it can pick the winner when two or moreprojects are destined for the same market [PL99-3]. The Commissionhas listed discussion of a policy statement on pipelineconstruction certificates on the docket for its regular openmeeting Wednesday. It will be FERC’s last meeting until September.

July 26, 1999

FERC Expected to Address Competing Pipeline Projects

Faced with an onslaught of new pipeline projects, FERC this weekis expected to propose a policy statement that some say willestablish a “framework” to help the Commission select a winner whentwo or more projects are destined for the same market [PL99-3]. TheCommission has listed discussion of a policy statement on pipelineconstruction certificates on the agenda for its regular openmeeting Wednesday.

July 26, 1999

Critics: Transwestern Order ‘Inconsistent’

In what appeared to be an unremarkable decision, FERC this weekrejected a proposal that would have allowed Transwestern Pipelineto negotiate and share in the revenues that shippers would receivefor releasing capacity on its system. But the ruling piqued theinterest of some, especially shippers that were caught in acapacity squeeze when Dynegy Inc. contracted for much of thecapacity on El Paso Natural Gas.

July 16, 1999

CPUC Finds 10 Areas Requiring More Gas Restructuring

California energy regulators last week identified 10 items forpotential natural gas industry restructuring, most of which dealwith wholesale or large customer operations. State regulators alsoencouraged utilities and large customers to cease their bickeringand come up with a broad-based settlement on gas unbundling.

July 12, 1999

Industry Briefs

Construction is scheduled to begin this month on the PacificNorthwest’s first merchant power plant, a natural gas-fired 500 MWplant in the southern Oregon city of Klamath Falls just north ofthe California border and east of the Cascade Mountains. Commercialstart-up is scheduled for July 2001. The City of Klamath Falls,using $300 million tax-exempt public revenue bonds, will own theplant. PacifiCorp Power Marketing will build, manage, operate andfuel the plant. And PG&E Gas Transmission/NW will transport gasthrough an enlarged portion of its 80-mile, east-to-west MedfordLateral off its main north-to-south interstate pipeline thatcarries Canadian supplies to markets in California as well as thePacific Northwest. The plant is expected to need about 9 MMcf/d forits peak output. The City of Klamath Falls will use half of theplant’s electricity generation to operate municipal facilities, andPacifiCorp will market the remaining power, mostly to surroundingprivate- and public-sector utilities.

July 9, 1999

Altra Creates Single Online Trading Platform

Altra announced earlier this week it has completed thepreviously announced merger of the Streamline and Quicktradeelectronic energy trading systems, achieving a major goal Altra setwhen it bought Quicktrade in January. Altra said the combinedpackage will increase Streamline user numbers 30% and boostliquidity.

May 21, 1999