Transco gas line issues alert due to cold, NY price at 5-yr high
NEW YORK Jan 23 (Reuters) - Williams' Transcontinental Gas Pipeline Co (Transco), a major provider of natural gas to the U.S. Northeast, issued a system-wide operational flow order to its natural gas shippers on Wednesday as cold weather led to significant demand.
In a website posting to customers, Transco said it issued the order to ensure system integrity, manage imbalances on its system and handle within-the-day volatility effective on Thursday.
Gas traders said gas for Thursday delivery on the Transco pipeline at the New York citygate traded as high as $43 early and was at an average price of $37.50, the highest average price for New York tracked by Reuters since a peak at $38 in early January 2008.
- Tweet this
- Share this
- Digg this
- Vice-principal of South Korea school in ferry disaster commits suicide |
- Putin admits Russian forces were deployed to Crimea
- UPDATE 7-Tennis-Monte Carlo Masters men's singles round 3 results
- Ukraine separatists reject diplomatic deal to disarm |
- All 338 Korean students, teachers rescued from sinking ferry - school official