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Enron Mail |
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Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Robert E. Brooks" <rebrooks@earthlink.net<@ENRON X-To: 'GPCM Distribution' <rebrooks@rbac.com< X-cc: X-bcc: X-Folder: \vkamins\Deleted Items X-Origin: KAMINSKI-V X-FileName: vincent kaminski 1-30-02.pst From http://www.enerfax.com : Mackenzie Delta Natural Gas Project Files for Approval A consortium of major oil companies have moved closer to developing almost 6 Tcf of natural gas in the Mackenzie Delta region on the coast of the Beaufort Sea. The group has begun the lengthy process of applying for regulatory approval, which could take up to 4 years. Led by Imperial Oil, the group consists of Conoco, Shell Canada, Exxon Mobil and now includes a company controlled by Northwest Territoriesnative people. The partners, known as the Mackenzie Valley Producers Group, could spend up to C$250 million before they decide whether to proceed with the project. The natural gas reserves would be produced from Imperial's 3 Tcf Taglu field, the 1.8 TcfParsonsLakefield, owned by Conoco and Exxon Mobil, and Shell's 1 Tcf Niglintgak field. The project would include a pipeline to carry up to 1 Bcf per day of natural gas to Albertaalong the Mackenzie Rivervalley at a estimated cost of C$3 billion. The natural gas would then be transported to Canadaand the US. Last year, the group signed an agreement with Northwest Territoriesnative leaders that would give the region's people a 33% share in the pipeline and provide other economic benefits. Even if the Mackenzie Delta project did not start pumping for 5 or 6 years, it likely will still be ahead of the Alaskan project, where BP, Exxon Mobil and Phillips are planning development of their reserves. From Energy Central http://www.energycentral.com/sections/gasnews/ : ISLANDER EAST NATURAL GAS PIPELINE PROJECT RECEIVES PRELIMINARY REGULATORY APPROVAL Jan 07, 2002- PR Newswire - Islander East Pipeline Company L.L.C. received a positive preliminary determination from the Federal Energy Regulatory Commission (FERC) to construct, own and operate approximately 50 miles of interstate natural gas pipeline in Connecticutand on Long Island, N.Y. Bob Brooks GPCM Natural Gas Market Forecasting Systemhttp://gpcm.rbac.com
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