Norwegian-based TORP Technology announced last week that it has completed financing for a $400 million liquefied natural gas (LNG) terminal to be located 50 miles offshore Dauphin Island, AL. TORP officials now plan to file regulatory documents in 4Q2005, with planned startup in early 2009.
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Norwegian Company Plans LNG Terminal Offshore Alabama
Norwegian-based TORP Technology said Monday that it has completed financing for a $400 million liquefied natural gas (LNG) terminal that would be located 50 miles offshore Dauphin Island, AL. TORP officials now plan to file regulatory documents in 4Q2005, with planned startup in early 2009.
FERC Reverses Ruling of Exempt Gathering for Transco in LA
FERC last Tuesday reversed an August 2001 ruling that found part of Transcontinental Gas Pipe Line’s network located onshore and offshore Louisiana to be unregulated gathering and eligible to be spun down to affiliate Williams Gas Processing-Gulf Coast Co. (WGP).
FERC Reverses Ruling of Exempt Gathering for Transco in LA
FERC on Tuesday reversed an August 2001 ruling that found part of Transcontinental Gas Pipe Line’s network located onshore and offshore Louisiana to be unregulated gathering and eligible to be spun down to affiliate Williams Gas Processing-Gulf Coast Co. (WGP).
Industry Briefs
Enbridge Inc. said that affiliate Enbridge (Offshore) Gas Transmission LLC has acquired the remaining 20% interest in Garden Banks Gas Pipeline LLC, located in the Gulf of Mexico, from Amerada Hess Corp. Financial details were not disclosed. Enbridge acquired 80% of Garden Banks when it purchased Shell Gas Transmission LLC for $613 million in January. The pipeline extends 50 miles from Garden Banks Block 128 to South Marsh Island Block 76 offshore Louisiana and interconnects with four interstate pipelines to move natural gas onshore. The 30-inch diameter Garden Banks pipeline has a capacity of 1 Bcf/d and transports production originating from the Auger platform in Garden Banks Block 426, the Enchilada platform in Garden Banks Block 128, and the Baldpate platform in Garden Banks Block 260.
XTO, ConocoPhillips Exchange Domestic Assets
XTO Energy Inc. said Thursday that it has traded producing properties, located primarily in Texas and New Mexico, with ConocoPhillips. Production volumes exchanged are estimated at 1,800 boe/d.
Enbridge Acquires Remaining Interest in Garden Banks Pipeline
Enbridge Inc. said Monday that affiliate Enbridge (Offshore) Gas Transmission LLC has acquired the remaining 20% interest in Garden Banks Gas Pipeline LLC, located in the Gulf of Mexico, from Amerada Hess Corp. Financial details were not disclosed.
FERC OKs Questar Southern Trails’ Request to Sell Western Leg
The Federal Energy Regulatory Commission on Thursday granted Questar Southern Trails Pipeline Co. the go-ahead to sell the 245-mile leg of its natural gas pipeline system located wholly within California.
FERC OKs Questar Southern Trails’ Request to Sell Western Leg
The Federal Energy Regulatory Commission on Thursday granted Questar Southern Trails Pipeline Co. the go-ahead to sell the 245-mile leg of its natural gas pipeline system located wholly within California.
Transportation Notes
Northwest declared a Stage III entitlement with 13% tolerance for overruns for receiving parties located north of the Kemmerer (WY) Compressor Station, effective Friday until further notice. The pipeline noted that weather in its market area “is extremely cold and predicted to remain cold over the next week” and that due to extreme drafting its Jackson Prairie storage account had dropped from 2.5 Bcf to 1.7 Bcf, “even with the assistance of a few customers realigning their supplies.”