The continued uptrend in North America’s unconventional natural gas and oil supplies and global demand dynamics suggest that the outlook for pipeline and storage infrastructure development may not only be bullish but also long-term, according to analysts with Raymond James & Associates Inc.
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Industry Brief
Japan’s Mitsui Corp. has been selected to construct a pipeline that would carry U.S. natural gas to Mexico from Tucson, AZ, Mexican President Enrique Pena Nieto announced in Japan while on a tour of Asian countries. The $460 million Tucson-Sasabe pipeline would have capacity of 770 MMcf/d and would join several other pipeline projects to move U.S. gas to Mexico (see Daily GPI, March 8). Mexico is seeking inexpensive U.S. shale gas to fuel power generation and supply industrial users. According to the U.S. Energy Information Administration, Mexico imported more U.S. gas than ever last year (see Daily GPI, March 14), and according to an analysis by Goldman Sachs, U.S. gas imports by Mexico will continue to increase (see Daily GPI, Feb. 11).
Pipeline Would Link Eagle Ford Gas to Mexico Power Plants
NET Midstream unit NET Mexico Pipeline LP plans to build a 124-mile, 42-inch diameter natural gas pipeline to carry gas produced in the Eagle Ford Shale of South Texas to the Texas-Mexico border.
Eagle Ford-Mexico Pipeline Link Planned
NET Midstream unit NET Mexico Pipeline LP plans to build a 124-mile, 42-inch diameter natural gas pipeline to carry gas produced in the Eagle Ford Shale of South Texas to the Texas-Mexico border.
Nebraska Gov. OKs New Keystone XL Pipeline Route
Nebraska Gov. Dave Heineman on Tuesday approved a revised route for the northern portion of TransCanada Corp.’s proposed Keystone XL oil pipeline that would run through his state. He notified both President Barack Obama and Secretary of State Hillary Clinton of his decision in a joint letter.
Consol Shifting Gears in Utica, From Exploration to Development
Consol Energy Inc. announced Friday that it would begin shifting its Utica Shale program in Noble County, OH, from exploration to development mode, after seeing encouraging results and data from its test wells and those of its competitors in the play.
New Albany Shale May Boost Illinois Economy
With an eye on economic development, still relatively untapped shale natural gas deposits in southern Illinois carry the potential to create $9.5 billion in new investment and 45,000 jobs, according to a report by the Illinois Chamber of Commerce.
Florida Pipeline to Tap Shale Gas
Florida Power & Light Co. (FPL) is preparing a request for proposals (RFP) to construct a two-segment pipeline to carry natural gas from Transco’s Station 85 in western Alabama to FPL’s Martin County Power Plant in southern Florida. If constructed, the pipeline would reduce Florida’s reliance on gas from the Gulf of Mexico.
New Florida Pipeline Would Tap Hurricane-Free Shale Gas
Florida Power & Light Co. (FPL) is preparing a request for proposals (RFP) for construction of a two-segment pipeline to carry natural gas from Transco’s Station 85 in western Alabama to FPL’s Martin County Power Plant in southern Florida. If constructed, the pipeline would reduce Florida’s reliance on gas from the Gulf of Mexico.
Industry Brief
Southern Star Central Gas Pipeline Inc. is holding a binding open season through Dec. 7 for expansion capacity proposed to carry production from the Granite Wash, Cleveland/Tonkawa and Mississippian Lime areas to markets in Oklahoma, Kansas and Missouri as well as other intrastate and interstate pipelines. The Straight Blackwell Expansion would involve expanding the capacity of Southern Star’s system beginning in Texas County, OK, along the Straight Blackwell Line (Line Segment 315) extending east to its Blackwell Compressor Station in Kay County, OK. Customer interest will dictate whether Southern Star pursues the expansion and will help define the final parameters of any project, the company said. Southern Star said if the project proceeds, it will, subject to Federal Energy Regulatory Commission approval, install the necessary facilities to serve all or a portion of the requested capacity. Expansion service could begin Oct. 1. For more information, contact Philip Rullman at (270) 852-4440, Jim Neukam at (270) 852-4665, Pat Coomes at (270) 852-4552, Robbie Clark at (270)-852-4577, or Dale Sanders at (270) 852-4666.