Houston-based Yuhuang Chemical Industries Inc. (YCI) on Thursday clinched an agreement giving Koch Methanol Investments LLC a minority stake in YCI Methanol One LLC, a $1.85 billion production facility under construction in St. James Parish, LA.
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Koch Industries is actively trading U.S.-produced oil to Europe and Asia, and more Bakken production from North Dakota increasingly will become part of the export mix, an executive said Wednesday.
Velocity Midstream Partners has secured long-term commitments from Shell Western E&P for transportation and terminal services for light oil and condensate production from Shell’s position of more than 100,000 acres at the Harrison Ranch (also known as the Piloncillo Ranch) in the Eagle Ford Shale in South Texas.
Gulf South (formerly Koch Gateway) is performing unscheduledmaintenance on one unit at the Bistineau Compressor Station innorthwest Louisiana until further notice. Withdrawals from theBistineau storage facility could be reduced as much as 100 MMcf/duntil repairs are completed.
Due to scheduled maintenance, one compressor unit will beunavailable at Koch Gateway’s Koran (LA) Station for 30 daysstarting Oct. 2, reducing station capacity by 22 MMcf/d. Worklasting about 30 days began Tuesday on a unit at the Montpelier(LA) Station, cutting capacity on the 30-inch Kosciusko Line fromMontpelier by 50 MMcf/d.
Unexpected delays have prompted Koch Gateway to postpone thestart of maintenance at the Baxter Wilson Power Plant measuringstation until May 30. The work previously had been scheduled tostart Monday (May 22) and last five days. No nominations at thepoint will be accepted during this maintenance.