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      HOME  | GAS NEWS  | EVENTS  | JOBS  | BUSINESS CENTERS  | DIRECTORIES  | DATA CENTER    THURSDAY, OCTOBER 18, 2001  	


 	   THIS ISSUE BROUGHT TO YOU BY       How has Enron remained a dominant factor in energy markets while other firms have struggled? To find out visit: http://www.energycentral.com/links/show_mi.cfm?id=100386         TOP STORIES     Natural Gas Marketers Pressured to Open Books for Georgia Regulators  By Matthew C. Quinn, The Atlanta Journal and Constitution, Oct. 17 A member of the Public Service Commission called on natural gas marketers on Tuesday to open their books to state regulators to determine whether the state's 1997 deregulation law is working.     Granite State Pipeline Customers Angered at FERC's Time Limits for Discount Segmentation  Oct. 17 (Btu Watch) Angered parties questioned an order issued by FERC on September 12, 2001 and filed a request for clarification or rehearing, in it they asked, how can FERC depart from current policy without asking parties to comment. Special Offer from this Publisher!      CEO of Xcel Energy Pushes Pricing Choice for Natural-Gas Customers  By Steve Raabe, The Denver Post, Oct. 17 Utility customers should expect to take a more active role in managing their heating bills, Xcel Energy's chief executive officer said Tuesday.      National Energy Policy      Bush again urges Senate to pass broad energy bill  WASHINGTON, Oct 17 (Reuters) President Bush Wednesday again urged the Senate to pass comprehensive energy legislation that would reduce U.S. oil imports by allowing drilling in the Arctic National Wildlife Refuge.      Attacks and energy policy  Oct 16 - Advocate - Baton Rouge Energy legislation, including proposals to fill the Strategic Petroleum Reserve and to drill in Alaska wilderness, inched forward last week.      Mergers, Acquisitions & Divestitures      Enel Acquires 40% of Camuzzi  Oct 17, 2001 - FT World Media Abstracts via Comtex Italian electricity group Enel has acquired a 40 per cent stake in Italian gas distribution company Camuzzi Gasometri from Mill Hill NV, the Dutch holding company of the Garilli family, for 434m euros.          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          Gas Pricing/Hubs      Canadian natgas prices rise with cool U.S. weather  CALGARY, Alberta, Oct 17 (Reuters) Canadian spot natural gas prices gained strength Wednesday from surging physical prices in the U.S. as cool weather in the Midwest and Northeast boosted short-term heating demand, industry sources said.      U.S. spot gas extends 6-week highs on weather  SAN FRANCISCO, Oct 17 (Reuters) Cooler weather and increased heating demand in the Midwest and Northeast consuming regions pushed U.S. spot natgas prices to fresh six-week highs on Wednesday, market sources said.      NYMEX Hub gas ends down sharply after bearish AGAs  NEW YORK, Oct 17 (Reuters) NYMEX Hub gas, buoyed early Wednesday by cool midweek weather forecasts and some technical buying ahead of weekly inventory data, ended down sharply after the late release of a bearish storage report, sources said.      Drilling/Exploration      Landrieu's stance on drilling confusing  Oct 16 - Advocate - Baton Rouge Sen. Mary Landrieu, D-La., can expect phone calls, letters and e-mails from Louisiana environmentalists.      Scottish company finds gas off Kinsale  Oct 16 - Irish Times Scottish exploration group Ramco Energy has successfully completed the testing of a well on its Seven Heads gas field off Kinsale, Co Cork, which could reach the market by 2003.      Analysts cautious over latest Ramco offshore gas discovery  Oct 17 - The Herald - Glasgow RAMCO Energy, the Aberdeen-based independent oil-exploration and production group, yesterday announced a "substantial" offshore gas discovery off the coast of Ireland.      Futures      Nov Futures Sinks as U.S. Gas Stocks Surpasses 3 Tcf Goal  Oct. 17 (Btu's Daily Gas Wire) In a choppy day of trading, November natural gas futures settled down 17.4 cents at $2.418 after the American Gas Association reported a 63 billion cubic feet increase to reserves, a build above most estimates. Special Offer from this Publisher!       LNG      Boston Lifts Ban on Gas Tankers in Harbor  By David Arnold, The Boston Globe, Oct. 17 Boston port captain Brian M. Salerno lifted a three-week ban yesterday on shipments of liquified natural gas through the city's harbor after "identifying and reviewing all gaps" in security.      Pipelines      Russia to Begin to Supply Gas to Turkey Next Year--PM  Oct 17, 2001 - Itar-Tass News Agency The laying of the pipes of a 400-kilometre gas trunkline on the Black Sea bed to supply gas from Russia to Turkey will be completed in February-March next year.      Blue Stream Project Puts in Doubt Alternative Pipeline  Oct 17, 2001 - Itar-Tass News Agency The final stretch of work on the Blue Stream gas pipeline project puts in doubt prospects of an alternative Trans-Caspian pipeline project, Russian specialists said in comments on Prime Minister Mikhail Kasyanov's visit to an area where the Blue Stream pipeline is being laid in the Black Sea floor.      Storage      U.S. natgas stocks seen up 50 bcf in weekly AGAs  NEW YORK, Oct 17 (Reuters) U.S. natural gas storage levels are expected to rise by about 50 billion cubic feet (bcf) when weekly American Gas Association (AGA) data are released later today, industry sources said this week.      General      City Cab Operates Michigan's First Natural Gas-Powered Taxi   PORT HURON, Mich., Oct. 17 /PRNewswire/ City Cab today announced its Ford Crown Vic taxi will be the first taxicab in Michigan powered by natural gas and the cab's inaugural run is set for October 18, 2001.      U.S.-Based Energy Company Enron Brings Online Business to Europe  Sunday Business, London, Oct. 14 Which is the world's biggest business-to-business internet company? Microsoft? AT&T? Oracle? Cisco?      Unpaid Bills Still Haunt Many Laclede Customers; Tens Of Thousands Have Lost Or May Lose Service  Oct 17 - St. Louis Post-Dispatch With a nip in the air these weeks before cold weather really hits, a steady stream of clients has been visiting Gwendolyn Johnson's office in an old police station a few blocks north of the Central West End.      US gas producers seen facing slump now, constraints later  Oct 17 - Oil & Gas Journal The US natural gas industry will be hammered by low commodity prices this winter because of a recession that some producers believe is worse than the government will admit.      Deals/Contracts      Houston Energy Firm Sells Software Business  By Tom Fowler, Houston Chronicle, Oct. 17 Houston's Altra Energy Corp. has sold its software business to Caminus Corp. in a $64 million stock and cash deal.      Energy Efficiency/Conservation      Utah's Focus on Conservation Helps Avoidance of Energy Crises  By Martin Renzhofer, The Salt Lake Tribune, Oct. 15 Good conservation is not doing without, but doing better with what you have.      People      Christopher P. Johns Promoted to Senior Vice President and Controller For PG?Corporation  SAN FRANCISCO, Oct. 17 /PRNewswire/ PG?Corporation today announced that its board of directors has elected Christopher P. Johns, 41, Senior Vice President and Controller.      Bush's FERC nominee seen likely to be confirmed  By Chris Baltimore (Reuters) WASHINGTON, Oct 17 (Reuters) The nomination of Republican electricity expert Joseph Kelliher to fill a federal energy regulation post got a warm reception Wednesday from utility lobbyists and lawmakers, who forecast speedy Senate confirmation.      Financial      Gazprom to Borrow 500-750 Mln Usd on Eurobond Market  Oct 17, 2001 - Itar-Tass News Agency The Gazprom public joint-stock company is planning to appear on the market of Eurobonds and borrow 500 to 750 million U.S. dollars there.      Financial - Results      Kinder Morgan earnings more than double  HOUSTON, Oct 17 (Reuters) - Kinder Morgan Inc. said on Wednesday its third-quarter earnings more than doubled due to strong transportation volumes and fee income from its core natural gas and refined petroleum products pipeline businesses.      International      Falcon Petroleum Advocates Government Subsidy for Gas Companies  Oct 16, 2001 - Africa News Service A GAS conversion company, Falcon Petroleum Nigeria Limited has advocated Federal Government subsidy for gas companies willing to develop a gas pipeline national grid network.      Itera May Cut Gas Supply to Georgia by Half  Oct 17, 2001 - Itar-Tass News Agency The international ITERA group of companies warned Gruztag gas distributing company that it cuts by half the volume of natural gas supplies from October 20, 2001.      Lack of Funds May Mar Flaring Outage Date, Says Shell  Oct 17, 2001 - Africa News Service The Shell Petroleum Development Company (SPDC) has said that the inability of Nigerian National Petroleum Corporation (NNPC) to provide fund for new gas development projects in its joint venture operations is a major factor militating against the achievement of zero flaring in 2004.      Domestic Gas Market Exists, Says Gaslink  Oct 17, 2001 - Africa News Service Gaslink Nigeria Limited, a subsidiary of Unipetrol Nigeria Plc has faulted the position of oil producing companies in Nigeria that the absence of domestic gas market is an excuse for a flaring outage dae beyond 2004.      Gas extracted from a new deposit in eastern Turkmenistan  Oct 16 - BBC Monitoring Central Asia Specialists of the Farap [eastern Turkmenistan] oil and gas prospecting expedition have pleased their compatriots with another piece of good news in the run-up to a holiday [Independence Day].      Philippine President Inaugurates 5 Bln U.S. Dlrs Gas Project  Oct 17 - Xinhua News Agency - CEIS Philippine President Gloria Macapagal-Arroyo Tuesday led the inauguration of a 5-billion-U.S. dollar natural gas project which is expected to bring yearly savings of 700 million dollars to the country.      Gas contract expected to save Bt1 bn  Oct 17 - WorldSources Online Thailand could save more than Bt1 billion on the purchase of natural gas through a new contract with gas suppliers, including Unocal Thailand.      Bangladeshi Minister Hints at Gas Export  Oct 17 - Xinhua News Agency - CEIS The Bangladesh Nationalist Party (BNP) while in opposition strongly opposed gas export, but the newfinance minister of its government hinted Monday that they would go for gas export if they see it is beneficial.        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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