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Transportation 2001 P

  • 08/24/2001 -- PDVSA, Ecopetrol, Texaco to study Colombia-Venezuela gas pipeline
    PDVSA Gas, a subsidiary of Venezuelan state oil corporation Petroleos de Venezuela SA, Ecopetrol, the national oil company of Colombia, and Texaco Inc. Friday announced the signing of a non-binding memorandum of understanding for a feasibility study a for a 200 km-long natural gas pipeline to interconnect Colombia and Venezuela.
  • 08/23/2001 -- Aquila, partner to buy California gas storage field
    Energy merchant Aquila Inc. and ArcLight Energy Partners Fund I LP Thursday said they will jointly purchase for $220 million a company that is building a natural gas storage facility in energy-short northern California. The Lodi project, scheduled to be completed in December, will store 12 bcf of natural gas.
  • 08/23/2001 -- Tractebel building two plants totaling $710 million
    The US unit of France's Tractebel SA said Thursday it has begun construction of two gas-fired power plants totaling 1,225 Mw of generating capacity in Texas and Washington state. William P. Utt, CEO of Tractebel North America Inc., Houston, said the company expects a turnaround in power prices by the time the plants begin producing electricity in 2003.
  • 08/22/2001 -- Vote on gas report delayed by California Energy Commission
    The California Energy Commission delayed until Sept. 12 consideration of a report recommending California natural gas utilities be required to maintain a 15-20% reserve margin or "slack capacity." The final draft of an assessment of natural gas infrastructure issues was scheduled to be adopted at the CEC's Wednesday meeting.
  • 08/21/2001 -- Consultants predict European gas deregulation could save billions
    European gas consumers could save up to $2 billion/year (£1.4 billion) by 2005 if gas markets were deregulated to the same extent as the UK market, results of a new assessment concluded. UK consultants Energy Markets Ltd. also estimated by 2010 these savings would increase to $3.6 billion/year (£2.5 billion).
  • 08/21/2001 -- Algeria, Nigeria to meet on gas pipeline link next month
    Algeria and Nigeria will start discussions next month about a gas pipeline linking the two countries, said the Organization of Petroleum Exporting Countries' news agency.
  • 08/21/2001 -- Market watch: Oil futures prices rise in weak rally
    The pending expiration of a US crude contract and Tropical Storm Chantal's potential to disrupt oil shipments to Gulf Coast refineries boosted energy futures prices in international markets Monday.
  • 08/21/2001 -- TransCanada, St. Clair withdraw applications to build part of Millennium pipeline
    Citing regulatory delays, TransCanada PipeLines Ltd., Calgary, and St. Clair Pipelines (1996) Ltd. withdrew their applications to build and operate the Canadian Millennium Pipeline.
  • 08/20/2001 -- Canadian gas exports remain limited: Analysts
    Canadian natural gas exports to the US are projected to rise about 1.1 bcfd in the second half of this year, compared to the same time a year ago, said analysts with Raymond James & Associates Inc. They said the latest figures should help dispel any notion that a big increase in Canadian gas is contributing to the rapid build up in US storage volumes.
  • 08/20/2001 -- CNOOC to invest in gas transportation and power joint venture
    China National Offshore Oil Corp. (CNOOC) has signed an agreement with Zhejiang Energy Group Co. Ltd. to invest in a joint venture to develop an intraprovince natural gas distribution network, said CNOOC subsidiary CNOOC Ltd.. The agreement will help develop the gas market in Zhejiang province, China.
  • 08/17/2001 -- Gulf South to hold open season for Alabama-North Carolina line
    Gulf South Pipeline Co. LP, Houston, will hold an open season for the proposed Gulf Pines Pipeline project, which would begin near Mobile Bay, Ala., and extend through Georgia, South Carolina, and North Carolina.
  • 08/16/2001 -- Enterprise to sell 60% of its Corrib production to Bord Gáis Éireann
    Enterprise Oil PLC, London, has agreed to sell 60% of its share of gas from Corrib field off the west coast of Ireland to trading arm of Bord Gáis Éireann, the state-owned gas company. First gas is anticipated from the field in the second half of 2003. Plateau of 8.9 million cu m/day of gas is expected the next year.
  • 08/16/2001 -- Electric Power news briefs, Aug. 16
    NRG Energy Inc. ... Public Service Co. of New Mexico ... Newfoundland Power Inc. ... Avista Corp. ... Bangor Hydro-Electric Co. ... Dominion Resources Inc. ... Tennessee Valley Authority ... KeySpan Corp. ... Regent Energy Corp. ... Minnesota Power ... Blandin Paper Co.
  • 08/15/2001 -- US thermal coal imports projected to rise
    International thermal coal import demand is expected to increase at a 'steady pace' following 2 years of strong growth in 2001 and 2000, said coal consultants Hill & Associates. They predicted five countries are likely to be leaders in coal import for use in power plants, including Japan, Germany, South Korea, Taiwan, and the US.
  • 08/15/2001 -- Canada's NEB sets mediation process for pipeline route disputes
    Canada's National Energy Board, Calgary, said Tuesday it has established a mediation process to resolve landowner objections during detailed route hearings for oil and gas pipelines and power lines.
  • 08/14/2001 -- Western governors ponder transmission issues
    The Western Governors' Association said the cost of new electric transmission lines required to satisfy rising demand in the West would quadruple, if fuels other than natural gas were used for new generation. The governors' association discussed questions associated with the adequacy of the transmission system making up the western grid at their semiannual meeting Monday in Coeur d' Alene, Ida.
  • 08/13/2001 -- PTT awards feasibility study for Gulf of Thailand gas pipeline systems
    The Petroleum Authority of Thailand and Japan National Oil Corp. have awarded a consortium led by Japanese company Osaka Gas Engineering Co. a feasibility study for future gas transmission systems in the Greater Gulf of Thailand, said consortium partner Kværner AS.
  • 08/10/2001 -- Generators oppose idling power plants in California without compensation
    California independent generators said a new tariff filed at the US Federal Energy Regulatory Commission by the state's grid operator will cause additional air pollution and threaten the reliability of the electricity system.
  • 08/10/2001 -- OPEC cuts to hit tanker demand
    Cuts in production by members of the Organization of Petroleum Exporting Countries -- set to take effect Sept. 1 -- will depress oil tanker shipping rates as they drive up world crude oil prices, said Clarkson Research Studies, London.
  • 08/10/2001 -- ISO New England may avoid power outages today
    Thunderstorms and local power distribution outages interrupting service in Boston may provide enough demand relief for the New England Independent System Operator to get through the day without rolling blackouts. Continued hot and humid weather, more power plant outages, and reduced imports mean another very difficult day for ISO New England.

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