FERC’s plan to impose a (price and volume) reporting requirement on transporters and sellers into the California natural gas market (RM01-9) has drawn mixed reactions from industry, but most agree that the Commission was pressed by Congress to take this action.
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Hebert Says Gas Market Will Work Itself Out
In a speech to natural gas buyers, sellers and transporters at the LDC Forum in Boston Thursday, Federal Energy Regulatory Commission Chairman Curt Hebert, Jr. challenged his audience to use all the “clubs in their bags” to ensure that free market forces — and not price caps — are the future of the gas marketplace.
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Alliance Pipeline Project declared it has come of age within itspeer group of Canadian natural gas transporters with a symbolicshuffle in its executive suite. Dennis Cornelson was replaced asAlliance president by the organization’s chairman since 1997,Norman Gish. Cornelson, a specialist in project and businessdevelopment rather than corporate administration, had said allalong he expected to leave when Alliance matured into atransportation company. The Alliance board of directors describedGish as an ideal choice. His industry experience has been as asenior executive of Canadian oil and gas-field service andproduction companies, the sector that launched Alliance againstfierce opposition by the pipeline establishment. He was presidentof North Canadian Oils, a leading gas production and marketinghouse when it was merged in 1993 into Norcen Energy Resources (nowthe Canadian arm of Union Pacific Resources). Gish also has arecord in other fields described as grooming him well for a role atthe helm of a pipeline. He has been a regulator, serving aschairman of the British Columbia Energy Commission in 1977-80. Hehas also been a professional diplomat. A lawyer, Gish started outas a trade commissioner, serving in Hong Kong and Ottawa in the1960s.
TransCanada To Auction Capacity
The first fruit has fallen from the new Canadian tree ofcompetition among natural gas transporters, as TransCanadaPipeLines prepares to auction spare capacity that is developing onits system.
TransCanada To Auction Capacity
The first fruit has fallen from the new Canadian tree ofcompetition among natural gas transporters, as TransCanadaPipeLines prepares to auction spare capacity that is developing onits system.