Timely

In addition to a high-linepack OFO for Friday’s Evening Cycle nominations, Southern California Gas declared an additional OFO for the Timely Cycle on Saturday.

The Energy Information Administration (EIA) has signed a data sharing agreement and formed an information gathering partnership with the Interstate Oil and Gas Compact Commission (IOGCC), an organization of governors that represents 37 oil and gas producing states. The pact is part of a broader government effort to improve EIA’s natural gas supply data, which has a significant time lag and often goes through multiple revisions, sometime more than a year after the fact.

The Energy Information Administration (EIA) has signed a data sharing agreement and formed an information gathering partnership with the Interstate Oil and Gas Compact Commission (IOGCC), an organization of governors who represent 37 oil and gas producing states. The pact is part of a broader government effort to improve EIA’s natural gas supply data, which has a significant time lag and often goes through multiple revisions, sometime more than a year after the fact.

TransCanada PipeLines Limited posted C$202 million or C$0.42 per share net income from continuing operations for the second quarter 2002, compared to second quarter 2001 net earnings of C$175 million or C$0.37 per share. The company noted that second quarter 2002 results include $25 million of earnings related to the recent Fair Return Application decision by the National Energy Board (NEB) for the period Jan. 1, 2001 to June 30, 2002.

TransCanada PipeLines Limited posted C$202 million or C$0.42 per share net income from continuing operations for the second quarter 2002, compared to second quarter 2001 net earnings of C$175 million or C$0.37 per share. The company noted that second quarter 2002 results include $25 million of earnings related to the recent Fair Return Application decision by the National Energy Board (NEB) for the period Jan. 1, 2001 to June 30, 2002.

TransCanada PipeLines Limited posted C$202 million or C$0.42 per share net income from continuing operations for the second quarter 2002, compared to second quarter 2001 net earnings of C$175 million or C$0.37 per share. The company noted that second quarter 2002 results include $25 million of earnings related to the recent Fair Return Application decision by the National Energy Board (NEB) for the period Jan. 1, 2001 to June 30, 2002.

The proposed rulemaking calling for a relaxation of FERC’srestrictive policy for off-the-record communications is “essentialto providing timely and adequate information” for the Commissionstaff to conduct environmental reviews of proposed pipelineprojects, the Interstate Natural Gas Association of America (INGAA)said last week.