Jan 20 (Reuters) - Energy Transfer LP said this week
it would continue providing natural gas to Vistra Corp's
power plants in Texas, after Vistra complained to state
regulators that Energy Transfer threatened to stop supplying
fuel in a dispute over charges from last February's freeze.
The filings from Vistra's Luminant and Dynegy subsidiaries
came as a cold snap on Thursday in West Texas froze gas wells
and reduced output, reminding the state of last winter's energy
Last February's Winter Storm Uri killed more than 200
people, caused power and gas prices to spike to record highs in
many parts of the country and left around 4.5 million Texas
homes and businesses without power and heat - in many cases for
Energy Transfer and its Oasis Pipeline subsidiary said in
their filing with the Texas Railroad Commission (RRC), which
regulates the state's gas industry, that Energy Transfer will
keep providing service to Luminant and Dynegy so they can "serve
customers and maintain reliability on the electric grid,
particularly for the cold weather."
Officials at Energy Transfer said they would continue to
sell Vistra gas under the same process in place since Dec. 1.
Officials at Vistra said they had no additional comment
other than what was in their filings.
In its filings, Vistra said Energy Transfer threatened to
terminate gas service to Luminant's power plants as of Jan. 24.
Those power plants provide about 2,000 megawatts of
electricity, serving about 400,000 Texas customers.
Vistra said Luminant spent about $1.5 billion for gas during
Winter Storm Uri, twice its planned gas cost to fuel its entire
Texas fleet for a year.
Vistra said Luminant paid Energy Transfer more than $600
million for gas during the February freeze, but refused to pay
$21.6 million that Energy Transfer charged for Operational Flow
Order penalties for over-supplying gas.
(Reporting by Scott DiSavino; Editing by David Gregorio)