In the long run — beyond 2010 — oil and natural gas prices should return to parity on a global basis, but the “most important and timely driver” will be the build-out of a global liquefied natural gas (LNG) infrastructure, Raymond James & Associates Inc. energy analysts said. They warned in the short term: “beware North American gas names in 2008.”
Timely
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NGI The Weekly Gas Market Report
FERC Urged to Not ‘Brush Aside’ Concerns Associated with Cove Point LNG Project
While supporting efforts of FERC to process proposals to build liquefied natural gas (LNG) import terminals in a timely fashion, gas distributor KeySpan Energy said it was “equally important” for the federal agency to take the proper steps to ensure that LNG supplies “do not compromise the safety and reliability of existing distribution systems.”
FERC Urged Not to ‘Brush Aside’ Concerns Associated with Cove Point LNG Project
While supporting efforts of FERC to process proposals to build liquefied natural gas (LNG) import terminals in a timely fashion, gas distributor KeySpan Energy said it was “equally important” for the federal agency to take the proper steps to ensure that LNG supplies “do not compromise the safety and reliability of existing distribution systems.”
Transportation Notes
Because of high linepack, Southern California Gas declared an OFO effective with Timely Cycle nominations for Saturday. The LDC said it would assess Buy-Back charges in accordance with its rules and tariffs to those customers who delivered into its system more than 110% of their actual gas usage.
Regulation Back as Key in Utilities’ Credit Ratings, S&P Report Says
Timely and balanced regulatory decisions have returned to center stage in the assessment of credit ratings for various U.S. utilities, according to the latest analysis by Standard & Poor’s Ratings Services. For the immediate future, upgrades and downgrades of ratings should stay relatively balanced, S&P said in its “Industry Report Card: U.S. Electric/Water/Gas.”
Transportation Notes
Southern California Gas declared an OFO on Timely Cycle nominations for Saturday. The tolerance for excessive deliveries into its system was 10%. The LDC said it would assess Buy-Back charges to violators in accordance with its rules and tariffs. A spokeswoman said the OFO also applied to Friday’s Intraday 1 nominations.
Transportation Notes
Effective with Timely Cycle nominations Thursday, Dominion will cancel a limitation of secondary or interruptible capacity at Niagara Mohawk East Gate.
Transportation Notes
Only a day after lifting a high-linepack OFO that had been in effect for two days, Southern California Gas declared a new OFO for Wednesday’s Timely Cycle. The tolerance for positive daily imbalances is 10%.
Transportation Notes
Southern California Gas declared a high-linepack OFO for the Timely Cycle of Saturday’s gas day. The tolerance for positive daily imbalances was 10%.
Transportation Notes
Southern California Gas declared an OFO for Saturday’s Timely Cycle, limiting deliveries into its system to 110% of a customer’s expected usage.