Indiana

BreitBurn Energy Partners LP is building its stake in onshore natural gas properties under an agreement to purchase all of Quicksilver Resources Inc.’s properties in Michigan, Indiana and Kentucky for $750 million in cash and 21.35 million of Breitburn’s common units. The transaction, expected to close early next month, is 94% weighted to gas, with a total value of about $1.45 billion.

ANR Pipeline said it must repair an engine at the St. John Compressor Station in Indiana in the Northern Fuel Segment (ML-7) that will reduce St. John west-to-east capacity by 115 MMcf/d (leaving 1,190 MMcf/d available) through Dec. 18. Based on current nominations, the outage could result in the curtailment of firm secondary and IT nominations, ANR said.

San Diego-based Sempra Energy’s pipeline unit and a subsidiary of Indiana-based ProLiance Energy jointly announced last week that they purchased three salt caverns in Cameron Parish, LA, representing the potential for 10-12 Bcf of natural gas storage capacity, from Richmond, VA-based Dominion. The purchase includes 150 acres of adjacent property carrying the potential for more storage capacity.

San Diego-based Sempra Energy’s pipeline unit and a subsidiary of Indiana-based ProLiance Energy jointly announced Wednesday that they purchased three salt caverns in Cameron Parish, LA, representing the potential for 10-12 Bcf of natural gas storage capacity, from Richmond, VA-based Dominion. The purchase includes 150 acres of adjacent property carrying the potential for more storage capacity.

Dominion is investigating the possible sale of four merchant power plants located in Indiana, Pennsylvania, West Virginia and Ohio, CEO Tom Farrell told investors during a conference call last week. Meanwhile, the company is keeping an eye on the Point Beach nuclear power plant, which could be put up for sale by Wisconsin Energy.

FERC has given Texas Gas Transmission LLC the green light to expand its storage facilities at its market-area storage complex located in Kentucky and Indiana to provide additional services to its customers.

FERC has given Texas Gas Transmission LLC the green light to expand its storage facilities at its market-area storage complex located in Kentucky and Indiana to provide additional services to its customers.

Texas Eastern said the investigation and repair of the pipeline break at the discharge of the French Lick station in Indiana continues. Until completion of the investigation and repair, receipts on the 24-inch diameter line will be restricted. For Oct. 17, it was not necessary to restrict nominations for gas leaving the constrained area due to reductions in requested volumes. However, Tetco said no incremental supply nominations can be accepted.

After making in August 2002 what were expected to be the last remaining organizational changes since it bought Columbia Energy Group in 2000 (see Daily GPI, Aug. 30, 2002), NiSource announced another major corporate restructuring last week that includes the internal promotion of six new leaders for its major utility companies.