Approximately

Transactions in the physical natural gas market were approximately 56 Tcf in 2009, or about 2.5 times the volume of domestic marketed production, according to an initial analysis of Form 552 filings submitted to FERC.

Responding to the rapid growth of natural gas production from the Marcellus Shale, UGI Corp. said it plans to invest approximately $300 million over the next two years in midstream projects to support the development of natural gas infrastructure in the region.

Responding to the rapid growth of natural gas production from the Marcellus Shale, UGI Corp. said it plans to invest approximately $300 million over the next two years in midstream projects to support the development of natural gas infrastructure in the region.

FERC has approved Cadeville Gas Storage LLC’s application to build a planned gas storage facility in Ouachita Parish, LA, approximately 10 miles southwest of Monroe.

Due to an engine failure at MRT’s Unionville Storage facilities, starting Wednesday through approximately Aug. 6 the pipeline will be limited in injection capability there. See the bulletin board for associated transport restrictions.

Gulf South Pipeline will be performing compressor maintenance on the Destin compressor station unit beginning at 8:00 a.m. on May 25 and continuing for approximately 60 hours, but the pipeline does not anticipate any impact to shippers.

Cheniere Energy Inc. has closed the sale of its 30% limited partner interest in Freeport LNG Development LP for net proceeds of approximately $104 million to ZHA FLNG Purchaser LLC, an entity formed by Zachry American Infrastructure LLC and Hastings Funds Management USA Inc. on behalf of institutional investors, Cheniere said. Net proceeds are to be used to pay down a portion of the $400 million, 9.75% term loan held by a Cheniere subsidiary, the company said (see Daily GPI, April 26). The transaction is in line with Cheniere’s strategy of improving its capital structure and reducing debt.

Sempra Energy expects annual capital expenditures and investments to average approximately $2.9 billion through 2014, up from about $2.4 billion annually during the previous five years, CEO Donald E. Felsinger said Thursday.

Sempra Energy expects annual capital expenditures and investments to average approximately $2.9 billion through 2014, up from about $2.4 billion annually during the previous five years, CEO Donald E. Felsinger said Thursday.