Transco

FERC has issued a certificate to the Transcontinental Gas Pipe Line Co. LLC (Transco) Regional Energy Access Expansion Project (REAE), but environmental groups are planning to oppose it.  The project would expand natural gas capacity from the shale fields of Northeast Pennsylvania to other delivery points in the state, along with those in New Jersey…

Natural gas futures flew higher on Monday, bolstered by forecasts for substantially colder weather and stronger heating demand. The December Nymex contract gained 54.4 cents day/day to settle at $6.944/MMBtu, adding to a 42.5 cent rally in Friday’s session. January climbed 49.0 cents to $7.244. At A Glance: Forecasts add ‘hefty’ dose of demand Potential…

Buckling under the weight of one triple-digit shoulder season storage injection after another, natural gas forwards sold off sharply during the Oct. 13-19 trading period, NGI’s Forward Look data show. Regional forwards price action from coast to coast reflected a market reconsidering the extent of winter upside risks in light of a rapidly shrinking inventory…

Having entered the summer cooling season at sharply elevated price levels, natural gas forwards pulled back during the May 25-June 1 trading period as the market continued to try to price in risks posed by lagging domestic inventories, according to NGI’s Forward Look. Fixed price declines of around 25-45 cents for July delivery were the…

Big fluctuations continued along the Nymex natural gas futures curve early Monday as traders wrestled with hotter shifts in the latest weather models and a step up in production. The September contract, which rolls off the board later this week, settled at $3.945, up 9.4 cents on the day. October also picked up 9.4 cents…

After another run toward $4.200/MMBtu last week, natural gas futures took a nosedive on Monday as long-range weather forecasts continued to cool while liquefied natural gas (LNG) demand remained well off recent highs. The September Nymex gas futures contract settled at $4.060, off 8.0 cents from Friday’s close. October dropped 7.9 cents to $4.075. Spot…

FERC on Thursday granted Transcontinental Gas Pipe Line Co. LLC (Transco) a two-year extension to build and place its Northeast Supply Enhancement Project (NESE) into service. The project’s certificate order from the Federal Energy Regulatory Commission had originally called on Transco to bring the 400,000 Dth/d expansion online by May 3. However, the project, designed…

Transcontinental Gas Pipe Line Co. LLC (Transco) has agreed to pay nearly $1 million in penalties and environmental donations for violations that occurred during the construction of its Atlantic Sunrise expansion project, Pennsylvania regulators said Tuesday.  The state Department of Environmental Protection (DEP) said it has collected a civil penalty of $736,294 from Transco for…

Williams has filed a comprehensive stipulation and agreement with FERC that the company said would settle all aspects of the pending Transcontinental Gas Pipe Line Co. (Transco) rate case, providing rate certainty for customers while allowing the natural gas pipeline to cover its costs.