Florida Gas again issues overage alert due to heat - Yahoo! News: "NEW YORK (Reuters) - Florida Gas Transmission on Tuesday issued an overage alert due to low linepack and hot weather forecast for the state, continuing a string of warnings issued in the past few weeks amid heavy heat and humidity.
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Due to high natural gas demand on the system, the company issued an overage alert at 25 percent tolerance, meaning that shippers must stay within 25 percent of their scheduled volumes, the company said in a Web site posting.
Alerts, also called critical days, require natural gas shippers to adhere carefully to scheduled quantities to maintain system integrity. An overage alert signals that taking excess quantities off line would be harmful.
Florida Gas regularly issues alerts as temperatures in the state vary extremely from normal, boosting gas and power demand as customers crank up air conditioners in the summer and heaters in the winter.
Private forecaster AccuWeather said high temperatures in major Florida cities were expected to reach into the 90s Fahrenheit this week, with 'Real Feel' readings that measure heat and humidity making it feel 100 degrees or more in some spots.
The 5,000-mile Florida Gas Transmission pipeline runs from southern Texas to southern Florida, with a mainline capacity of 2.1 billion cubic feet per day.
The line is jointly owned by El Paso Corp. and Cross Country Energy LLC through CCE Holdings LLC, a joint venture of Southern Union Co. and GE Commercial Finance's Energy Financial Services. "
Wednesday, June 07, 2006
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