Benefits

FERC has given the go-ahead for Cheniere Creole Trail Pipeline to place into service much of its pipe system that will serve two liquefied natural gas (LNG) terminals in Louisiana. Creole Trail got approval to place Segment 1 (18 miles), Segment 2 (25 miles) and part of Segment 3 (about 36 miles) into operation, as well as an associated Texas Eastern Transmission lateral in Cameron, Calcasieu and Beauregard parishes. Approximately 50 miles of the Creole Trail Pipeline still needs to be completed. The pipeline would serve both Cheniere Energy’s 4 Bcf/d Sabine Pass LNG terminal in Cameron Parish, which received its first tanker shipment and opened its doors in April, and Cheniere’s Creole Trail LNG terminal that is targeted for in-service in 2009 (see NGI, April 28). In October 2007 FERC approved the merger of Creole Trail Pipeline and Sabine Pass Pipeline into a single line to serve the two LNG terminals in Cameron Parish. The merged pipeline system is to operate as an integrated 150.9-mile, 42-inch diameter system with a capacity of 2 Bcf/d.

With liquefaction — not regasification — recognized as the choke point in the supply chain for liquefied natural gas (LNG), a number of companies are looking at developing offshore liquefaction. Benefits of offshore versus onshore liquefaction are lower costs and quicker construction, according to a research note from Citigroup Global Markets.

With liquefaction — not regasification — recognized as the choke point in the supply chain for liquefied natural gas (LNG) a number of companies are looking at developing offshore liquefaction. Benefits of offshore versus onshore liquefaction are lower costs and quicker construction, according to a research note from Citigroup Global Markets.

As of Jan. 1, Ohio’s natural gas customers have safeguards and benefits provided by the state’s recently adopted Natural Gas Service Standards. The new standards address service installation, metering, billing and customer service issues in an effort to ensure fair and reliable service.

Beginning Jan. 1, Ohio’s natural gas customers will have safeguards and benefits provided by the state’s recently adopted Natural Gas Service Standards. The new standards address service installation, metering, billing and customer service issues in an effort to ensure fair and reliable service.

While the Mackenzie Gas Project struggles to make land access and benefits agreements with aboriginal centers along its pipeline route, regulators are doing their bit to prevent further delays by preventing the native relations sore spot from spreading.

The price of Kinder Morgan and Terasen shares soared on Tuesday following the announcement late Monday that Kinder Morgan Inc. (KMI) would buy the British Columbia gas utility and pipeline company for $3.1 billion in cash with $2.5 billion in assumed debt (see Daily GPI, Aug. 2).

With current wholesale natural gas prices continuing to soar, owners of both efficient and less efficient coal-fired electric generation plants are profiting, according to a wholesale power market survey by Fitch Ratings released Monday. Fitch’s latest wholesale power market “special report” focused on the ongoing impact of the volatile wholesale gas market.

With current wholesale natural gas prices continuing to soar, owners of both efficient and less efficient coal-fired electric generation plants are profiting, according to a wholesale power market survey by Fitch Ratings released Monday. Fitch’s latest wholesale power market “special report” focused on the ongoing impact of the volatile wholesale gas market.