Southcross Energy Partners LP has acquired about 50 miles of natural gas pipelines near Corpus Christi, TX, along with related contracts, for about $40 million in cash from Onyx Midstream LP and Onyx Pipeline Co. The pipelines, which range from 12 inches to 24 inches in diameter, transport natural gas to two power plants in Nueces County, TX, under fixed-fee contracts that extend through 2029. Volumes moved through the pipelines averaged 97 MMcf/d during 2013.
TransCanada Corp.'s ANR Pipeline began a weeklong binding open season on Friday to support the reversal of its Southeast Main Line (SEML) from rate zone ML-3 to the ML-1 tariff rate zone near Eunice, LA. The SEML reversal project consists of up to 600,000 Dth/d of southbound firm capacity. The open season follows past successful ANR open seasons targeting the connection of burgeoning Utica/Marcellus shale supply to markets across ANR's system. These include the pipeline's Lebanon project (350,000 Dth/d); the fully subscribed Glen Karn project (133,673 Dth/d); and the open season for remaining SEML existing capacity, which closed on March 5 and will provide shippers with 646,000 Dth/d of capacity. ANR said it is in the process of refining its next wave of system expansions and market offerings, perhaps in combination of a new greenfield project out of the Utica Shale. Its intention is to have its next market offering shortly after the close of the SEML reversal open season.