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      HOME  | GAS NEWS  | EVENTS  | JOBS  | BUSINESS CENTERS  | DIRECTORIES  | DATA CENTER    WEDNESDAY, OCTOBER 17, 2001  	


 	   THIS ISSUE BROUGHT TO YOU BY       The largest utilities and energy companies integrate their outage management systems with geographical information systems. Why? What are the advantages? Find out with the new Energy Work and Outage Management Report, now available. This valuable report provides vital industry information, including detailed case studies of WMS/OMS installations at more than two dozen companies! Visit http://www.energycentral.com/links/show_mi.cfm?id=100185 .        TOP STORIES     Item AD-3, California Infrastructure Update Docket # AD01-003-000  Oct. 16 (Btu Watch) In a report to the Commission FERC's Office of Energy Projects Staff updated the FERC Commission on the state of deliverability to the California market. Special Offer from this Publisher!      Manila opens gas pipeline project to foreigners  BATANGAS, Philippines, Oct 16 (Reuters) The Philippines will have an open policy for land-based gas pipelines, inviting private local and foreign firms to form consortiums to bid for such projects, President Gloria Macapagal Arroyo said on Tuesday.     El Paso unit to build U.S. Gulf natgas pipeline  HOUSTON, Oct 16 (Reuters) An El Paso Energy Partners subsidiary said Tuesday it has signed a letter of intent to build a 37-mile (60-km) pipeline that would deliver natural gas from the deep waters of the U.S. Gulf of Mexico to markets in the Midwest and Northeast.     Head of Metropolitain Gaz Says Ottawa Should Have Energy Policy  Oct 16, 2001 - Canadian Press Gaz Metropolitan president Robert Tessier said Tuesday that Ottawa needs to promote the construction of a pan-Canadian pipeline or the country risks losing valuable natural-gas reserves to the United States.      California Crisis      El Paso Corp should pay for natgas abuse-Calif  By Chris Baltimore (Reuters) WASHINGTON, Oct 16 (Reuters) The head of the California Public Utilities Commission on Tuesday asked federal regulators to rule against El Paso Corp in a market power abuse case and act to avert future natural gas shortages in the nation's most populous state.      Southern California Gas System Can Meet Needs of All Customers, Company Official Tells U.S. House Subcommittee  Oct 16, 2001 - PR Newswire Southern California Gas Co.'s natural gas pipeline system has enough capacity to meet the needs of all its 5 million customers, a company official testified today before a Congressional subcommittee that is investigating "the barriers to expanding natural gas capacity and infrastructure in California."      National Energy Policy      Future of energy bill uncertain  Oct 15 - Cincinnati Post Heightened concerns about national security have increased political pressure to drill for oil in Alaska's Arctic National Wildlife Refuge, putting the fate of a comprehensive energy bill in doubt.          ADVERTISEMENT    ENERGIZE YOUR CAREER - The Energy Central Job Center has a new look, new features, premier employers and is updated daily! Visit the energy industry's largest on-line job center today: http://www.energycentral.com/sections/jobs          Mergers, Acquisitions & Divestitures      Enbridge to Acquire Williams' South Texas Natural Gas - Gathering, Treating And Transmission Assets  Oct 16, 2001 - Market News Publishing Enbridge Inc. announced that it is purchasing natural gas gathering, treating and transmission assets in south Texas from a unit of Williams.      Enel Buys 40 Pct of Camuzzi  Oct 16, 2001 - AFX News Limited ENEL SpA said it has bought a 40 pct stake in the Italian gas distribution group Camuzzi for 434 mln eur from Mill Hill Investments NV.      Gas Pricing/Hubs      NYMEX gas ends up on nuke rumors, cold winter outlook  NEW YORK, Oct 16 (Reuters) NYMEX Hub gas ended up sharply Tuesday, driven by reports a well-known meteorologist called for a colder than normal winter and unconfirmed rumors some nuclear plants were shut due to safety concerns, sources said.      Drilling/Exploration      Arkansas Developers See Potential for Oil, Gas Drilling in Region  By Mark Minton, Arkansas Democrat-Gazette, Little Rock, Oct. 15 Gary Combs and Tim Graham, two of Northwest Arkansas' biggest land developers, were flying over Madison County in a Piper Supercub last year when Combs started pointing out promising sites.      Futures      Nov Futures Hits Near 8-Week High on Frigid Winter Forecast  Oct. 16 (Btu's Daily Gas Wire) In "an explosive move to the upside," November natural gas settled 21.4 cents higher at $2.592 after breaking through a number of key resistance levels to a near eight-week high for a nearby month at $2.65, a 27.2-cents gain from Monday, said traders. Special Offer from this Publisher!       NY Natural Gas Called Higher Amid Colder Weather  Oct 16, 2001 - FWN Financial News Natural gas futures are called to open sharply higher this morning on worries about cold - both weather sweeping across the central part of the country at the moment and worries about this winter, traders said.      Pipelines      Two Companies Plan to Build Natural Gas Pipeline from Wyoming  By David Troester, Standard-Examiner, Ogden, Utah, Oct. 16 A $44 million natural-gas pipeline to tap developing gas reserves in Wyoming could help stabilize low gas prices enjoyed by Utah residents.      Gazprom hopes for Chinese pipe decision this month  MOSCOW, Oct 16 (Reuters) Gas giant Gazprom hopes Chinese officials will decide on the winning bid to build a $20 billion gas pipeline by October 22, or maybe a little later, a source at the Russian company said on Tuesday.      Offshore natural gas pipeline idea coming off the shelf  Oct 16 - Providence Journal Increasingly, energy developers are looking to the sea.      Rates    For more information on rate tariffs visit Gas Rate Tariffs   [IMAGE]    Wisconsin Consumers Can Expect 30 Percent Decrease in Natural-Gas Bills  By Lee Hawkins Jr., Milwaukee Journal Sentinel, Oct. 16 Natural gas bills will decline 30 percent to 35 percent this winter because of increased exploration and new supply on the market, commodities experts and energy companies said Monday.      Rigs      Active Canadian Oil, Gas Rigs Increase in Latest Week  Oct 16, 2001 - Resource News International Oil and gas drilling activity in Western Canada was up during the week ending Tuesday, October 16.      General      Ohio Utility Company Debates How to Give Money Back to Customers  By Jim Mackinnon, Akron Beacon Journal, Ohio, Oct. 15 Dominion East Ohio Gas wants to give away $100 million that it's found through an auditing process.      Florida Utility Officials Place More Emphasis on Natural Gas  By Antonio Fins, South Florida Sun-Sentinel, Oct. 15 Prodded by rules requiring cleaner air and bolstered by a series of competing pipeline proposals, natural gas is set to become a major player in Florida's energy grid.      Canada energy installations under higher security  MEXICO CITY, Oct 15 (Reuters) Canada has bolstered security at its gas pipelines and other energy installations after the attacks in New York and near Washington a month ago, the country's energy ministry said on Monday.      INTERVIEW-Enron says may partner or sell broadband business  HOUSTON, Oct 16 (Reuters) Energy giant Enron Corp. said on Tuesday it is reviewing strategic options for its loss-making broadband telecommunications business, which could involve selling the business or finding a partner.      Many Georgians Could Lose Their Heat  Oct 15 - Associated Press For six months, 71-year-old Carrie Morris never got a gas bill. When one finally came, it was more than $1,500.      Price Tag Of Security Put At $1.5 Trillion  Oct 15 - Record - Bergen County First came nuclear power plants. Then, Congress turned its attention to dams, the electricity grid, oil pipelines, transit lines, drinking water systems, and sewage treatment plants.      Deals/Contracts      Kinder Morgan Energy Partners to Acquire Two Liquids Terminals from Stolt-Nielson  Oct 16, 2001 - PR Newswire Kinder Morgan Energy Partners, L.P. today announced it has signed a $70 million definitive sale and purchase agreement with Stolt-Nielson Transportation Group, Inc. to acquire liquids terminals in Chicago, Ill. and Perth Amboy, N.J.      Legal      Kansas Pipeline Co. wins suit over rates  Oct 16 - The Kansas City Star A Johnson County judge has ruled against Oneok Inc., the parent of Kansas Gas Service, which had accused a Kansas pipeline company of defrauding the utility.      People      Western Gas CEO Outlaw to retire  DENVER, Oct 16 (Reuters) U.S. natural gas producer Western Gas Resources Inc. said Tuesday that Chief Executive Lanny Outlaw would retire effective Oct. 31.      Fuel      From Oil to Natural Gas by 2006  Oct 16, 2001 - Cypria.com Network Cyprus' Commerce and Industry Minister Nicos Rolandis said yesterday that the country's reliance on heavy fuel to run the power stations will be sharply reduced in the next five years.      Financial      Natural gas cheaper Consumers may benefit; companies are bracing for revenue decline  Oct 15 - Fort Worth Star - Telegram Sharply lower natural gas prices promise a more affordable heating season for North Texas consumers, but energy producers must struggle with the decline in expected revenue.      Financial - Ratings      Fitch Comments on Enron Earnings Announcement  Oct 16, 2001 - Business Wire Fitch anticipates no change in Enron's credit ratings and Rating Outlook based on today's announcement of a $1 billion after-tax charge to earnings to be taken in the third quarter of 2001 and a reduction of balance sheet equity by $1.2 billion.      Financial - Results      Enron posts loss after taking $1 bln in charges  Oct. 16 (Reuters) Enron Corp. on Tuesday reported its first loss in more than four years after taking $1.01 billion in charges on ill-fated investments, including water and telecommunications services, which it said have clouded the strength of its core energy businesses.      International      Philippines inaugurates huge natural gas project  BATANGAS, Philippines, Oct 16 (Reuters) - The Philippines officially inaugurated the Malampaya gas field project on Tuesday, marking the birth of a natural gas industry which will significantly replace the country's reliance on imported fuel.      China oil majors in dash for overseas oil, gas  By Chen Aizhu (Reuters) SINGAPORE, Oct 16 (Reuters) Faced with declining domestic oil output and growing dependence on imported crude, China's state oil firms have made an impressive foray this year beyond Chinese borders to hunt for oil and gas.      Fiat Fine Tunes Industrial Plan for Montedison  Oct 15, 2001 - FT World Media Abstracts via Comtex The industrial plan for Italian holding company Montedison, which is active in the energy field and controlled by Italenergia, is expected to be presented by the start of November at the latest.      Federal Energy Commission (Fec) Wants to Increase Gas Prices  Oct 15, 2001 - A & G Information Service FEC supported the proposal of "Gazprom" concerning the increase of tariffs for gas by 20% for the population and by 25% for enterprises.      Bangladeshi Minister Hints at Gas Export  Oct 16, 2001 - Xinhua News Agency The Bangladesh Nationalist Party (BNP) while in opposition strongly opposed gas export, but the new finance minister of its government hinted Monday that they would go for gas export if they see it is beneficial.      Breakthrough in Natural Gases Exploration  Oct 16, 2001 - Asiaport Daily News The natural gases exploration in the northeast part of Sichuan Basin has made great breakthrough and 3 gas fields boasting abundant natural gases resources have been discovered.      Transgas is interesting for E.ON too  Oct 15 - Access Czech Republic Business Bulletin Transgas (Prague, Czech Republic), natural gas import company, has become interesting for the power concern E.ON (Germany) within its privatization.      Mexico, Canada Discuss Energy Needs  Oct 15 - Associated Press The energy ministers of Mexico and Canada said Monday that domestic considerations would come first in the event of a regional energy supply crunch.      Shell Philippines in talks with govt to expand Malampaya project's gas market  Oct 15 - AFX Royal Dutch/Shell Group unit Shell Philippines Exploration BV (Spex) said it is in talks with the Philippine government to expand the market for its offshore Malampaya natural gas field to also supply gas to industrial users in Manila.      Ukrainian premier concerned about energy supplies for winter  Oct 16 - BBC Monitoring Former Soviet Union Ukrainian Prime Minister Anatoliy Kinakh has said that the situation regarding preparations for the autumn and winter season remains acute.      Uzbekistan threatens to cut off gas supplies to Kyrgyzstan  Oct 15 - BBC Monitoring Central Asia Kyrgyzstan may be again without natural gas this winter.      Turkmen gas exports up  Oct 16 - BBC Monitoring Central Asia Natural gas exports have increased by 14 per cent in the first nine months of this year in Turkmenistan in comparison with the same period last year, the National Institute for Statistics and Information [Turkmenmillihasabat] has told a Turkmenistan.Ru correspondent.        If you are an Energy Central News Subscriber and you have checked any news articles above, selecting the 'Get Articles' button below will deliver all of the checked articles in one page. This is a convenient way to get exactly the news you need - quickly!           NEED INFORMATION ON THE POWER INDUSTRY? ENERGY CENTRAL'S GOT IT!    ENERGY CENTRAL DAILY ELECTRIC POWER NEWS   An e-mail news service that delivers every major story every day directly to your e-mail address. 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