Baltic Exchange CEO Mark Jackson believes the nearly 300-year-old organization “sells trust” to the maritime industry, something that has factored heavily into its entry into the liquefied natural gas (LNG) market. Founded in 1744, the Baltic had its beginnings in the coffee houses of London where merchants and shipowners met. It provided rules for backroom…
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FERC Approves Two Marcellus Pipeline Expansions
FERC on Friday issued certificates for two Dominion Transmission Inc. (DTI) Marcellus Shale-related projects in Pennsylvania and New York: the Tioga Area Expansion Project and the Sabinsville-to-Morrisville Project.
Industry Briefs
The Federal Energy Regulatory Commission issued favorable environmental assessments (EA) for two Dominion Marcellus Shale-related projects in Pennsylvania and New York: the Tioga Area Expansion Project and the Sabinsville-to-Morrisville Project. Because they are in the same geographic region, FERC reviewed the projects in a single EA [CP12-19, CP12-20]. The Tioga Area Expansion, estimated to cost $67 million, calls for the construction of 15 miles of 24-inch diameter pipeline in Tioga County, PA, and minor modifications to several existing Dominion facilities to provide a total of up to 270,000 Dth/d of firm transportation. About 150,000 Dth/d of the capacity would be delivered to Leidy in north-central Pennsylvania at an existing interconnect with Transcontinental Pipe Line, while the remaining capacity would be delivered to a new interconnect with Texas Eastern Transmission at Dominion’s Crayne Compressor Station in Greene County, PA. The Sabinsville-to-Morrisville Project would allow Tennessee Gas Pipeline to move its receipt point from Dominion south from North Sheldon, NY, to Sabinsville, PA, in Tioga County. The project, which would cost an estimated $17 million, would provide up to 92,000 Dth/d to Tennessee.
Dominion Marcellus Projects Get Environmental Nod
FERC Friday issued favorable environmental assessments (EA) for two Marcellus Shale-related projects in Pennsylvania and New York: the Tioga Area Expansion Project and the Sabinsville-to-Morrisville Project.
Gulf Coast Operators Ready for Post-Isaac Assessments
Oil and natural gas operators that work in the Gulf of Mexico (GOM) and along the Gulf Coast were beginning assessments of their facilities now that Isaac has been downgraded to a tropical storm, officials said Wednesday.
Sempra CEO: Pipes Safe, Growth Coming
An internal analysis indicates that Sempra Energy’s California utility natural gas pipeline system is safe, and its strategic assessments indicate there is plenty of room for growth within utility operations, Sempra Energy’s new CEO told financial analysts on a conference call last Tuesday.
Related Marcellus Pipe Expansions Get Environmental OK
FERC Thursday issued favorable environmental assessments of Tennessee Gas Pipeline’s and Dominion Transmission Inc.’s proposed system expansions to deliver Marcellus Shale gas to growing markets in New York and New England.
Related Marcellus Pipe Expansions Get Environmental OK
FERC Thursday issued favorable environmental assessments of Tennessee Gas Pipeline’s and Dominion Transmission Inc.’s proposed system expansions to deliver Marcellus Shale gas to growing markets in New York and New England.
Transco, CenterPoint Expansions Get Environmental Nods
FERC has issued favorable environmental assessments to CenterPoint Energy Gas Transmission Co. (CEGT) and Williams’ Transcontinental Gas Pipe Line (Transco) to carry out mostly compression expansions of their pipeline systems.
Moody’s Upgrades $760M Gas, Power Bonds
Moody’s Investors Service made three positive utility credit rating assessments for $760 million in gas purchasing and electric operations revenue bonds. New York, California and Georgia public-sector utilities received A-level ratings at a time when nearly everything in the financial world seems to be heading downward.