Pacific Gas and Electric issued a systemwide Stage 2 high-inventory OFO for Saturday on its California Gas Transmission system, setting penalties of $1/Dth for noncompliance with a tolerance limit of 5% on positive daily imbalances.

Florida Gas Transmission did not extend an Overage Alert Day beyond Thursday.

Northern Natural Gas said it will implement Tuesday until further notice a System Underrun Limitation in both its market and field areas. Northern is experiencing high storage inventories and is projected to have record storage volumes in October and possibly November, the pipeline said, adding that it is unable to accommodate shipper imbalances that will cause gas to be left on the system (long gas). See the bulletin board for further details.

Gulf South will conduct an interactive auction starting at 10:30 a.m. CDT Thursday on its website for 2 Bcf of FSS-B storage capacity that will have a term of three years (April 1, 2010-March 31, 2013). See the bulletin board for details.

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