In the wake of “recent upheavals in the gas industry” that have prompted severe credit downgrades of energy traders and others, Tennessee Gas Pipeline, Kinder Morgan’s Natural Gas Pipeline Co. of America and Kinder Morgan Interstate Gas Transmission LLC separately have proposed changes to their transportation tariffs to shield them and their paying pipeline customers from the financial risks posed by insolvent or credit-risky shippers. Natural’s and Kinder Morgan Interstate’s proposed credit protections primarily focus on capacity-release transactions, while Tennessee’s are far more broad.
Upheavals
Articles from Upheavals
Tennessee Eyes Broad Tariff Changes As Shield Against Credit-Poor Shippers
In the wake of “recent upheavals in the gas industry” that have prompted severe credit downgrades of energy traders and others, Tennessee Gas Pipeline has proposed broad changes to its transportation tariff to protect it and its paying pipeline customers from the financial risks posed by insolvent or non-creditworthy shippers.
California Crisis Pays Dividends to Calpine, Sempra
With the backdrop of California’s continuing energy upheavals, two of the state’s major energy companies announced substantial first quarter earnings increases that were driven largely by the price and supply volatility for power.
Calpine, Sempra Report CA-Fueled Rise in Earnings
With the backdrop of California’s continuing energy upheavals, two of the state’s major energy companies announced substantial first quarter earnings increases that were driven largely by the price and supply volatility for power.