In a separate matter, MGTC, a subsidiary of Anadarko Petroleum Corporation, was cited for violating FERC's shipper-must-have-title requirement regarding a contract for interruptible transportation on its affiliated interstate pipeline.
Fourth quarter and year-end 2006 operating results were driven primarily by the following: * Continued strong environment for parking-and-lending and storage services due to favorable natural gas price spreads and high volatility in the forward price of natural gas; * Strong demand for firm transportation services due to wide natural gas basis differentials primarily between South and East Texas and other points on the Partnership's system; * Lower interruptible transportation revenues of $6.
Points in South and East Texas recorded all of December's $3-plus losses almost certainly because of the difficulty shippers have had in recent weeks in securing interruptible transportation across Louisiana to access East Coast markets.
WGPeMarketing will be initially utilized for short-term firm transportation, parking and lending, interruptible transportation, interruptible storage, and system management gas purchases.
This year's lower gas deliveries in the third quarter were primarily to customers served on special contracts for interruptible transportation service, where margins are relatively low.
37 ======== ======== Other Information Three Months Ended December 31, 1999 1998 Gas Sold and Transported (Mmcf) Firm Sales 7,565 7,226 Firm Transportation 3,240 3,182 Interruptible/Off System Sales 1,597 1,332 Interruptible Transportation 2,027 1,241 -------- -------- Total 14,429 12,981 ======== ======== Percent Warmer than Normal (12.
36 ======== ======= Other Information Three Months Ended September 30, 1999 1998 Gas Sold and Transported (Mmcf) Firm Sales 3,124 2,962 Firm Transportation 2,016 1,882 Interruptible/Off System Sales 1,121 879 Interruptible Transportation 1,619 1,851 ----- ----- Total 7,880 7,574 ====== ====== Percent Warmer than Normal (27.
Other Information Three Months Ended June 30, 1999 1998 Gas Sold and Transported (Mmcf) Firm Sales 4,038 3,908 Firm Transportation 2,365 2,286 Interruptible/Off System Sales 1,282 1,078 Interruptible Transportation 1,114 1,578 ======== ======== Total 8,799 8,850 ======== ======== Percent Warmer than Normal (-8.
