Under a collaborative agreement, Anadarko Petroleum Corp. has obtained a favorable final environmental impact statement (EIS) from the Bureau of Land Management (BLM) for its long-pending 10-year natural gas development plan to develop natural gas in Utah’s Uintah Basin.
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Nuclear Outages, Storage Plays Prompt Firm Market; Futures Flounder
Physical natural gas prices advanced nationally by about a nickel Tuesday as traders cited a resilient prior-day futures screen and favorable storage differentials. Points across the country were up mostly by a dime or less, except for some eastern locations, which recorded moderate declines. Nuclear outages continued to remain high. At the close of futures trading April had eased 1.6 cents to $2.335 and May had given up 3.4 cents to $2.432. April crude oil tumbled $2.48 to $105.61/bbl.
Millennium Compressor Project Gets Favorable Environmental Nod
FERC Friday issued a favorable environmental assessment to Millennium Pipeline Co. LLC for a natural gas compressor station project in Minisink, NY, to boost firm deliveries of Marcellus Shale gas to its interconnection with Algonquin Gas Transmission LLC at Ramapo, NY, to approximately 675,000 Dth/d to serve the Northeast and New England markets.
TransCanada’s Northwest Mainline Expansion to Bump Capacity to 485 MMcf/d
A forecast migration to the north and west in the sources of Canadian natural gas supplies has taken a stride ahead, thanks to a favorable pipeline regulatory ruling (see Daily GPI, March 1). TransCanada Corp. obtained approval from the National Energy Board (NEB) for the C$324 million (U.S. dollar at par) addition to its Nova gas transportation grid in northern British Columbia and Alberta.
TransCanada’s Northwest Mainline Bumping Capacity to 485 MMcf/d
A forecast migration to the north and west in the sources of Canadian natural gas supplies has taken a stride ahead, thanks to a favorable pipeline regulatory ruling. TransCanada Corp. obtained approval from the National Energy Board (NEB) for a C$324 million (U.S. dollar at par) addition to its Nova gas transportation grid in northern British Columbia and Alberta.
Pennsylvania Natural Gas Impact Fee Almost There
As a compromise bill to impose an impact fee on unconventional natural gas plodded through the Pennsylvania legislature Tuesday, Gov. Tom Corbett assumed a favorable outcome, commending lawmakers for their cooperation, saying he was “looking forward to signing the legislation into law.”
Pennsylvania Natural Gas Impact Fee on Its Last Lap
As a compromise bill to impose an impact fee on unconventional natural gas plodded through the Pennsylvania legislature Tuesday, Gov. Tom Corbett assumed a favorable outcome, commending lawmakers for their cooperation, saying he was “looking forward to signing the legislation into law.”
Encana Revamps Portfolio, Strategy to Compete
North America’s natural gas producers lately have been taking a licking but Encana Corp. is succeeding by continuing to optimize its portfolio and its operations, an executive said this week.
Sabine Pass Liquefaction Project Gets Favorable Environmental Nod
FERC Wednesday issued a favorable environmental assessment (EA) to Sabine Pass Liquefaction LLC to build facilities to liquefy and export natural gas at the existing Sabine Pass liquefied natural gas (LNG) import terminal in Cameron Parish, LA.
National Fuel’s Line N Expansion Gets FERC Nod
FERC Wednesday issued a favorable environmental assessment (EA) of National Fuel Gas Supply Corp.’s Line N 2012 expansion project that would increase the takeaway capacity from the Marcellus Shale basin to serve Northeast markets.