The Georgia Public Service Commission (PSC) has approved Atlanta Gas Light’s (AGL) most recent Capacity Supply Plan (CSP), which includes a proposal to provide gas from the liquefied natural gas (LNG terminal at Elba Island, near Savannah, to Georgia customers through a series of pipes, some owned by Southern Natural Gas (SNG).
Includes
Articles from Includes
State Regulators Approve AGL’s Elba Island-to-Atlanta Connection
The Georgia Public Service Commission (PSC) has approved Atlanta Gas Light’s (AGL) most recent Capacity Supply Plan (CSP), which includes a proposal to provide gas from the liquefied natural gas (LNG terminal at Elba Island, near Savannah, to Georgia customers through a series of pipes, some owned by Southern Natural Gas (SNG).
Algonquin Breaks Ground on Millennium-Linked Expansion
Algonquin Gas Transmission LLC broke ground Tuesday on its Ramapo Expansion, which includes a new compressor station in Oxford, CT; replacement of approximately five miles of natural gas pipeline in Ramapo, NY; new turbine compressor units at three existing stations in New York and New Jersey; and upgrades to other existing facilities.
Industry Brief
Tortoise Capital Advisors LLC, whose portfolio includes emerging exploration and production master limited partnerships (MLP), has formed an oil and gas company. Headquartered in Overland Park, KS, Tortoise Gas and Oil Corp. will have equity of $82.9 million and available capital of more than $100 million for direct investments in energy producers. “We formed Tortoise Gas and Oil Corp. primarily to respond to the growing need by private and public U.S. energy production partnerships for timely and flexible direct placement financing to fund internal growth projects and acquisitions,” said Managing Director David Schulte. “We intend to invest directly in privately held companies and publicly traded MLPs operating primarily in the upstream segment, and to a lesser extent the midstream segment, of the energy sector.” Tortoise now has about $10 million invested in High Sierra Energy LP, $10 million in International Resources Partners LP and $7.5 million in EV Energy Partners LP.
NY Business Group Throws Support Behind Broadwater LNG
The Long Island Association (LIA), whose membership includes more than 5,000 New York businesses, labor unions, academic institutions and nonprofits, has thrown its conditional support behind the controversial deepwater liquefied natural gas (LNG) terminal proposed for Long Island Sound by Broadwater Energy LLC.
NY Business Group Throws Support Behind Broadwater LNG
The Long Island Association (LIA), whose membership includes more than 5,000 New York businesses, labor unions, academic institutions and nonprofits, has thrown its conditional support behind the controversial deepwater liquefied natural gas (LNG) terminal proposed for Long Island Sound by Broadwater Energy LLC.
Sempra Bullish on Trading, Gas Infrastructure and CA Utilities, CFO Says
It should be more of the same this year for San Diego-based Sempra Energy, and that includes expanded energy trading, natural gas infrastructure and California utilities, according to CFO Mark Snell, who spoke early Wednesday at the Credit Suisse Energy Summit in Vail, CO. Snell punctuated his remarks with suggestions Sempra may seek partners for its commodity business and it intends to take full advantage of what he called “a very favorable regulatory climate in California.”
Sempra Bullish on Trading, Gas Infrastructure and CA Utilities, CFO Says
It should be more of the same this year for San Diego-based Sempra Energy, and that includes expanded energy trading, natural gas infrastructure and California utilities, according to CFO Mark Snell, who spoke early Wednesday at the Credit Suisse Energy Summit in Vail, CO. Snell punctuated his remarks with suggestions Sempra may seek partners for its commodity business and it intends to take full advantage of what he called “a very favorable regulatory climate in California.”
Tennessee Completes ‘ConneXion’ Adding Storage Deliverability
Tennessee Gas Pipeline (TGP), a subsidiary of El Paso Corp., has placed its Northeast ConneXion NY/NJ Expansion project into service. The new infrastructure includes two 30-inch diameter pipeline loops, additional compression, and storage deliverability upgrades that will help meet growing demand in the New York and New Jersey areas.
DTE Restructures Nonutility Business, to Sell Some Gas Assets
DTE Energy on Tuesday announced a major restructuring of its nonutility operations that includes the sale of about $1 billion in power plants and oil and gas production assets. The move will simplify its earnings structure and redeploy cash to its utility and growing midstream operations.