“This year we are planning to invest more than 900 million pesos [$53 million] to expand our natural gas distribution network to be able to provide access to this transition fuel to more homes and businesses in cities and states where we have operations,” Felisa Ros, country manager of Engie Mexico, told NGI’s Mexico GPI. …
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For Nearshoring Opportunity, Mexico Natural Gas Distribution Needs Upgrade — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Mexico, a country with logistical advantages and an industrial economy, could see substantial economic benefits from nearshoring, or the relocation of operations…
Natural Gas Distribution Operators Facing More Oversight in Wake of 2018 Merrimack Valley Tragedy
Federal regulators on Thursday unveiled rules to “improve safety and mitigate risk” of the nation’s sprawling natural gas distribution systems, and to reduce methane emissions, proposals that are drawing scrutiny by the industry, which cited significant concerns. The Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) issued the Notice of Proposed Rulemaking (NPRM).…
West Virginia’s Hope Gas Looks to Acquire Mountain State Unit of Peoples Gas
One of West Virginia’s largest natural gas local distribution companies (LDC) is further expanding its customer base in the Mountain State with a new acquisition months after coming under new ownership. Hope Gas Inc. disclosed Tuesday an agreement with Essential Utilities to purchase Peoples Gas WV, which serves 15 counties in the state. The deal…
Dominion Closes Sale of West Virginia LDC, Landing State a New Resident Firm
After closing the acquisition of one of West Virginia’s largest local natural gas distribution companies (LDC) from Dominion Energy Inc., Hearthstone Holdings Inc. is headed to the Mountain State. Hearthstone and Dominion disclosed Thursday the companies had closed the sale of Hope Gas Inc., which does business as Dominion Energy West Virginia, to Hearthstone for…
Southern Company Unit Sees ‘Foundational’ Natural Gas Role on Path to Net Zero
Natural gas, along with existing infrastructure, could underpin efforts by Southern Company Gas to reach net zero direct greenhouse gas (GHG) emissions by 2050, according to a new study conducted by consulting firm ICF International Inc. “We are committed to finding sustainable clean energy solutions without burdening our customers,” said Southern Company Gas CEO Kim…
UGI Growing Appalachia Midstream Footprint with Stonehenge Purchase
A UGI Corp. subsidiary is adding more than 47 miles of natural gas pipeline to its portfolio in Appalachia with the $190 million purchase of midstream assets from Stonehenge Energy Holdings LLC. The deal to acquire Stonehenge Appalachia LLC also includes associated compression assets, along with gathering capacity of 130 MMcf/d, all located in Butler…
Mexico Throws Financial Muscle Behind Pemex, Further Lowers Profit-Sharing Duty
Mexico’s government is doing all it can to boost the fortunes of troubled state oil and gas giant Petróleos Mexicanos (Pemex), with the Finance Ministry again reducing the firm’s profit-sharing duty and injecting $3.5 billion to reduce debt. “Pemex is strategically important for the country, not only in its function as a provider of goods…
Atmos Focusing Natural Gas Spending to Expand, Upgrade Distribution System
Dallas-based natural gas distributor Atmos Energy Corp. is earmarking $13-14 billion in planned spending over the next five years on system replacements, expansions and environmental upgrades, executives said on a recent conference call. The Dallas-based natural gas-only distributor has more than three million customers in 1,400-plus communities across eight states, primarily in the South. The…
U.S. Natural Gas Service Outperforming Electricity in Customer Satisfaction, Says Survey
Customers are more satisfied with their natural gas service than those who use electric service, according to the American Customer Satisfaction Index (ACSI). The ACSI’s Energy Utilities Report 2020-2021 surveyed 21,736 residential customers via email between January and December 2020. Even with household energy use skyrocketing for the period covered in the survey period, customer…