FERC ORDER ON ACCOUNTING FOR PIPELINE INTEGRITY MANAGEMENT COSTS

On November 5, 2004, the Federal Energy Regulatory Commission (Commission) published a notice of a proposed accounting release, which would require that an entity recognize costs incurred in performing pipeline assessments that are part of a pipeline integrity management program as maintenance expense and would apply to all entities under the jurisdiction of the Commission.
This order expands on the accounting guidance in the proposed accounting release and addresses the proper accounting for costs that pipeline operators will incur in implementing all aspects of a pipeline integrity management program, not just pipeline assessment activities. This order concludes that certain costs incurred related to a pipeline integrity management program should be capitalized, while others should be expensed.

Date set for S Asian gas pipeline

BBC NEWS | South Asia | Date set for S Asian gas pipeline: Work on a $6bn gas pipeline linking Iran, Pakistan and India will begin in the middle of 2007, officials say. Petroleum ministry officials from India and Pakistan made the announcement after a meeting of a joint working group in Islamabad.

Agreement on North European Gas Pipeline Through the Baltic

OilVoice.com | BASF, E.ON and Gazprom Sign Agreement on North European Gas Pipeline Through the Baltic: OAO Gazprom, BASF AG and E.ON AG have signed a basic agreement on the construction of the North European Gas Pipeline (NEGP) through the Baltic Sea. The parties to the agreement intend to set up the North European Gas Pipeline Company as a joint German-Russian venture, with Gazprom holding 51 % and BASF and E.ON each 24.5 %.

Pipeline Inspection Using Intelligent Pigs - Workshop - Abu Dhabi, U.A.E. - Dec 3-6, 2005

Pipeline Inspection Using Intelligent Pigs - Workshop - Abu Dhabi, U.A.E. - Dec 3-6, 2005

Who should attend:
Operations and maintenance engineers responsible for pipeline inspections using intelligent pigs. The program is also suitable for those just getting into such work. The workshop will help provide operations and maintenance engineers in pipeline companies with the knowledge to establish and manage an intelligent pigging program that contributes optimum value toward improved pipeline integrity.

Pipeline Inspection Using Intelligent Pigs - Workshop - Columbus, OH - Nov 7-11, 2005

Southern Gas Association - Event Info: This workshop will help provide operations and maintenance engineers in pipeline companies with the knowledge to establish and manage an intelligent pigging program that contributes optimum value toward improved pipeline integrity. Registrations will be limited to 30 people, to optimize interaction between instructors and attendees. Sessions will be held at the Hyatt Regency Hotel and the Pipeline Simulation Facility (PSF).

ILI Inspection Public Meeting Aug 11, 2005

Presentation files for In-Line Inspection Public Meeting August 11, 2005A

Gulf Coast pipelines resume operation

CBC News: Gulf Coast pipelines resume operation

Colonial Pipeline will be at 85 per cent of normal capacity by Monday, Plantation Pipe Line at 95 per cent of capacity, gas prices ease.

Hurricane Katrina Assistance

Southern Gas Forums - Hurricane Katrina Emergency Assistance

SGA is working with member companies and other natural gas associations to provide assistance to utilities and victims of Hurricane Katrina. To find out how you can help and to track updated information on the SGA website, click on the link above.

Mobile Gas has generously offered to serve as a staging area for assistance. Contact information is listed below. Full details are available on the SGA website link.

Who to Contact:
Bill Coffeen - (251) 450-4737 bcoffeen@mobile-gas.com
Martha O’Hara - (251) 450-4613 mohara@mobile-gas.com

What to Send:
Water & Ice, Gasoline, Non-Perishable Food, Batteries, Charcoal, Generators, and 1” and 1 ½” plugs

Where to Send :
Mobile Gas Corp.
2828 Dauphin Street
Mobile, AL 36606
Attn: Bill Coffeen

Thank you in advance for your support of this effort.