Threatening

Reliant Energy Services (RES), the marketing arm of financially troubled Reliant Resources, said Florida Gas Transmission (FGT) is demanding that it pay $36.7 million upfront before the pipeline will provide service under its latest expansion project, a move that Reliant Energy claims is a clear violation of the credit provisions in FGT’s existing transportation tariff.

Reliant Energy Services (RES), the marketing arm of financially troubled Reliant Resources, said Florida Gas Transmission (FGT) is demanding that it pay $36.7 million upfront before the pipeline will provide service under its latest expansion project, a move that Reliant Energy claims is a clear violation of FGT’s existing transportation tariff.

With linepack threatening to soar well above its maximum targetlevels later this week, Pacific Gas & Electric widenedTuesday’s customer-specific OFO into a systemwide Stage 3high-inventory OFO today. The OFO has penalties of $5/Dth forpositive daily imbalances exceeding a stringent 1% tolerance.

Threatening takeover of the state’s electric infrastructure,California officials Tuesday continued their unwavering call forthe Federal Energy Regulatory Commission to provide consumerrefunds and cost-based rates to stabilize wholesale markets in thestate and throughout the western U.S.

Threatening takeover of the state’s electric infrastructure,California officials Tuesday continued their unwavering call forthe Federal Energy Regulatory Commission to provide consumerrefunds and cost-based rates to stabilize wholesale markets in thestate and throughout the western U.S.

Due to excess supply levels threatening system integrity and aconstraint on storage injections, Sonat implemented an OperationalFlow Order Type 6 effective Saturday. The OFO carries tieredpenalties ranging up to $15/dth for shippers with positive dailyimbalances exceeding allocated volumes by 3% or 200 dekatherms. Forthe same reasons as above, Sonat began a production areapoint-specific OFO Type 5 for nine points on its 26-inch Main PassArea Line. A penalty of $15/dth is involved for affected shippersor poolers exceeding scheduled quantities by 4%. Finally, an OFOType 1 (force majeure notice) began Saturday in connection withSonat’s retirement of facilities at the Main Pass 127 platform,which involved shutting in the Main Pass 129 and Main Pass 129Redelivery points. The work, which originally had been scheduled tostart on Friday, was expected to last 24-48 hours.