NEW YORK Nov 6 Spectra Energy's
Algonquin Gas Transmission unit on Tuesday said it had
restricted some interruptible customers on its U.S. Northeast
natural gas pipeline system as regional cold weather led to
increased demand for the fuel.
The company said in a website posting it had scheduled
nominations at each pipeline segment and meter station up to its
operational capacity, restricting some interruptible customers -
those that typically pay less to ship gas with the understanding
that service can be cut in periods of peak demand.
No firm transportation service had been restricted.
Cold weather moved in the U.S. Northeast early this week,
with temperatures dipping into the low-30s Fahrenheit, boosting
Prices on the Algonquin system traded at over $7 per million
British thermal units on Tuesday, according to ICE data. Other
regional Northeast prices, including gas in New York City,
traded closer to $4.
The over 1,000-mile, 1.5 billion cubic feet per day
Algonquin system supplies natural gas to New England from
connections with five major interstate pipelines, moving gas
from the Gulf Coast to as far north as Massachusetts.
Spectra earlier this week said two of its natural gas
compressor stations in New Jersey remained shut after Hurricane
Sandy hit the state one week ago, but the stations were not
needed to meet demand and there was no impact to customer