Dallas-based natural gas distributor Atmos Energy Corp. is earmarking $13-14 billion in planned spending over the next five years on system replacements, expansions and environmental upgrades, executives said on a recent conference call. The Dallas-based natural gas-only distributor has more than three million customers in 1,400-plus communities across eight states, primarily in the South. The…
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UGI Corp. said Monday it would acquire Mountaineer Energy Holdings LLC, which owns the largest natural gas local distribution company (LDC) in West Virginia, for an enterprise value of $540 million, including about $140 million of debt. The acquisition would hand UGI control of Mountaineer Gas Co., a single-state LDC adjacent to UGI’s existing utility…
Natural gas infrastructure growth may be outpacing efforts to find more supply-demand balance through U.S. gas exports, according to a panel of experts at the recent LDC Gas Forum Rockies & West in Denver conference.
As part of “replumbing America,” local distribution companies (LDC) will be driving the next wave of natural gas infrastructure growth across the country, a Tallgrass Energy Partners LP executive said Tuesday.
The only possible land mine for continued robust growth in U.S. natural gas supplies in the next five years would be an outright ban or oppressive national regulation of the use of hydraulic fracturing (fracking) in America’s revitalized oil/gas fields, according to a panel of bullish experts assembled on the opening day of the LDC Gas Forum Mid-Continent in Chicago Monday.