Infrastructure

Five years ago utility National Fuel Gas Distribution Corp. put in place a long-term strategy to supply Pennsylvania and New York natural gas utility customers with gas from long-haul pipelines from the Gulf Coast. The Marcellus Shale has since sent that strategy out the window.

Closing out a disjointed week of ups and downs, physical natural gas prices for weekend and Monday delivery stayed the course Friday with most points adding or subtracting a few pennies to a nickel.

Assuming the U.S. natural gas business continues its robust growth, Mexico is likely to shift from being an importer to an exporter of liquefied natural gas (LNG), Sempra Energy International CEO George Liparidis told participants Tuesday at the Wolfe Research Power and Gas Leaders Conference in New York City.

Environmentalists and other activists are marshaling their troops to continue their battle against the recently authorized global exports of liquefied natural gas (LNG) from the Cove Point LNG Terminal on the Chesapeake Bay in Calvert County, MD.

On the third anniversary of the Sept. 9, 2010 San Bruno natural gas transmission pipeline rupture and explosion pipeline owner/operator Pacific Gas and Electric Co. (PG&E) said it has settled substantially all of the legal claims that resulted from the blast.

While there is still much bullishness toward natural gas as a transportation fuel, industry leaders cast some doubts over its relative role in building demand for gas at LDC Gas Forum Mid-Continent in Chicago on Monday.

A small increase in natural gas flaring worldwide was detected in 2011, the most recent year for which statistics are compiled, and that increase concerns officials at a World Bank-led global partnership focused on the oilfield issue.

Genesis Energy LP has completed preliminary work and is preparing to begin construction of a $75 million crude oil unit train unloading facility in Raceland, LA, the Houston-based company said Monday.

Oneok Partners LP said it plans to invest $440 million in Wyoming’s Powder River Basin to buy a natural gas liquids (NGL) processing facility and to upgrade related infrastructure.