Transcontinental

Transcontinental Gas Pipeline says it’s willing to price itsproposed SouthCoast expansion in Georgia and Alabama at anincremental rate, which should eliminate much of the opposition tothe project.

Transcontinental Gas Pipe Line’s proposal to revise the existingcash-out provisions of its tariff has come under heavy attack fromlarge shippers on its system.

In the event of a Y2K-related disruption, Transcontinental GasPipe Line said any imbalances that are incurred on advancenominations by shippers during the first seven days of the New Yearwill be exempt from cashout penalties.

In the event of a Y2K-related problem, Transcontinental Gas PipeLine said that any imbalances that are incurred on advancenominations by shippers will be exempted from the monthly cashoutpenalty calculation.

FERC has granted Transcontinental Gas Pipeline a “temporary,limited term waiver” of its tariff to require advancecapacity-release offers and nominations for the first week of theYear 2000 by Dec. 27 and 28, respectively. The waiver would extendthrough Jan. 7, Transco said, and would only be used in the eventof an unanticipated systems failure or other Y2K-related problems.

Transcontinental Gas Pipe Line’s Y2K contingency plan to havetransportation nominations for the first seven days of the new yearsubmitted in advance by Dec. 28 has caused concern among some ofits shippers.

Transcontinental Gas Pipe Line’s Y2K contingency plan to havetransportation nominations for the first seven days of the new yearsubmitted in advance by Dec. 28 has caused concern among some ofits shippers.

FERC last week gave Transcontinental Gas Pipe Line the go-aheadto build a $1.2 million lateral and associated facilities in NorthCarolina over the objections of state regulators, who argued thefacilities would constitute a bypass of a local distributioncompany.

FERC last week gave Transcontinental Gas Pipe Line the go-aheadto build a $1.2 million lateral and associated facilities in NorthCarolina over the objections of state regulators, who argued thefacilities would constitute a bypass of a local distributioncompany.