Midstream

With Eye on LNG Exports, Kinder Morgan Sanctions 2 Bcf/d Louisiana Natural Gas Pipeline

With Eye on LNG Exports, Kinder Morgan Sanctions 2 Bcf/d Louisiana Natural Gas Pipeline

Nearly a year after receiving federal approval, Kinder Morgan Inc. has sanctioned the 2 Bcf/d Evangeline Pass pipeline project that would feed Venture Global LNG Inc.’s Plaquemines LNG export facility. In a call with investors on Wednesday to discuss 3Q2022 earnings, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline Pass…

January 19, 2023
Momentum Progresses Haynesville Natural Gas Gathering Project with Opero

Momentum Progresses Haynesville Natural Gas Gathering Project with Opero

Momentum Midstream is furthering its plans for the New Generation Gas Gathering (NG3) project near the Gillis Hub in Calcasieu Parish, LA, with an engineering, design and fabrication contract with Opero Energy. Opero is an affiliate of Audubon Engineering Co. LLC, which was awarded the project that was sanctioned by Momentum in September. NG3 is…

January 12, 2023
Emerging U.S. Pipeline Bottlenecks Cast Shadow on Otherwise Positive Long-Term Outlook for Natural Gas

Emerging U.S. Pipeline Bottlenecks Cast Shadow on Otherwise Positive Long-Term Outlook for Natural Gas

As the United States works toward casting a wider net on the global natural gas market via exports, key domestic markets could be turned upside down in 2023 as midstream bottlenecks leave gas stranded in producing basins. LNG developers on the Gulf Coast are in a race to boost liquefied natural gas exports to capitalize…

January 11, 2023
Tallgrass Looks to Protect Louisiana Coastline and Communities in New Year’s Deal of 500-Plus Acres

Tallgrass Looks to Protect Louisiana Coastline and Communities in New Year’s Deal of 500-Plus Acres

Lower 48 midstream giant Tallgrass on Wednesday stepped up to sell 500-plus acres in Louisiana to help restore the eroding coastline and protect communities from hurricane damage. The company, which has natural gas and oil pipeline assets across the country, agreed to sell the acreage in Plaquemines Parish for $36 million to the Louisiana Coastal…

December 29, 2022
Williams, Coterra and Dominion Joining Forces to Procure Certified Natural Gas

Williams, Coterra and Dominion Joining Forces to Procure Certified Natural Gas

Midstream giant Williams has reached agreements with Coterra Energy Inc. and Dominion Energy Inc. to deliver certified low-carbon natural gas from the wellhead to Dominion’s Virginia business through 2023. The arrangement to deliver next generation or “next gen” natural gas “highlights the low-carbon benefits of Coterra’s production in Northeast Pennsylvania and Williams’ gathering and transmission…

December 9, 2022
Kinder Morgan Sees Strong 2023 Earnings on ‘Robust’ Natural Gas Demand, Prices

Kinder Morgan Sees Strong 2023 Earnings on ‘Robust’ Natural Gas Demand, Prices

Kinder Morgan Inc. (KMI) said it expects to post stellar full-year earnings this year and match those results in 2023. Boosted by natural gas demand and elevated prices through much of this year – and expectations for more of the same in 2023 — the Houston-based midstream giant said it expects earnings to swell to…

December 8, 2022
Oxy, Enbridge Pondering Carbon Capture Hub in Corpus Area of South Texas

Oxy, Enbridge Pondering Carbon Capture Hub in Corpus Area of South Texas

Enbridge Inc. and a subsidiary of Occidental Petroleum Corp. are in the early stages of developing a carbon capture hub in the Corpus Christi area of South Texas, an LNG and oil export hub and home to several petrochemical facilities. Oxy Low Carbon Ventures (OLCV) and Calgary-based Enbridge signed a letter of intent to jointly…

December 6, 2022
Column: Mexican Natural Gas Regulation Needs an Overhaul

Column: Mexican Natural Gas Regulation Needs an Overhaul

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. This week marks 27 years of regulation in the natural gas industry in Mexico. The law that gave rise to the Comisión…

November 4, 2022
After Record Quarter, Enterprise Sees ‘Significant Momentum’ in Permian for 2023

After Record Quarter, Enterprise Sees ‘Significant Momentum’ in Permian for 2023

Enterprise Products Partners LP transported record volumes on its pipeline systems during the third quarter of 2022, buoyed by the natural gas gathering and processing business it acquired from Navitas Midstream Partners LP earlier this year. However, management acknowledged that pipeline capacity in the Permian Basin is tight, and more negative gas pricing may be…

November 4, 2022
Williams Natural Gas Bet Paying Off Now… and Well Into the Future?

Williams Natural Gas Bet Paying Off Now… and Well Into the Future?

Williams’ long-term natural gas focus continues to bring in the returns, according to CEO Alan Armstrong, who said strong quarterly results were attributable to the company sticking to its strategy. Speaking on a 3Q2022 conference call, Armstrong said the midstream giant’s adjusted earnings before interest, tax, depreciation and amortization (EBITDA) was up 15% compared to…

November 2, 2022
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