Cheniere Energy Inc. marketing subsidiary Cheniere Marketing Inc. has reached a domestic marketing agreement for the sale of liquefied natural gas (LNG) with J.P. Morgan Ventures Energy Corp., a subsidiary of JPMorgan Chase & Co. The deal was expected as Cheniere struggles to restructure its business in a weak U.S. LNG market.
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Cheniere Strikes LNG Marketing Deal with JPMorgan
Cheniere Energy Inc. marketing subsidiary Cheniere Marketing Inc. has entered into a domestic marketing agreement for the sale of liquefied natural gas (LNG) with J.P. Morgan Ventures Energy Corp., a subsidiary of JPMorgan Chase & Co. The deal was expected as Cheniere struggles to restructure its business in a weak U.S. LNG market.
Labor Costs Raise Price of REX Pipeline by 11%
Finding qualified workers to build the massive Rockies Express Pipeline (REX) has pushed the cost of the eastern leg of the project up 11%, or $500 million, Kinder Morgan Energy Partners (KMP) confirmed last week.
Labor Costs Raise Price of REX Pipeline by 11%
Finding qualified workers to build the massive Rockies Express Pipeline (REX) has pushed the cost of the eastern leg of the project up 11%, or $500 million, Kinder Morgan Energy Partners (KMP) confirmed Tuesday.
CIG Fined for Storage Field Leak at Fort Morgan, Colorado
Colorado Interstate Gas Co. (CIG) has been fined $374,000 by the Colorado Oil and Gas Conservation Commission for a 2006 incident in which a cracked well casing in its 8.5 Bcf Fort Morgan, CO, storage field allowed natural gas to escape, causing the evacuation of some residents and threatening their water supply (see Daily GPI, Oct. 25, 2006).
FERC: Timely Completion of REX-East FEIS in Jeopardy
FERC staff sent a letter Friday to Rockies Express Pipeline LLC (REX) saying timely completion of the final environmental impact statement (FEIS) review of the last leg of the 1,678-mile project, known as REX-East, could be in jeopardy.
Transportation Notes
Kinder Morgan Interstate has lifted injection restrictions for all of its storage services (ISS, NNS, FSS and SCS) and for Storage Park & Loan (S-PALS) service that were implemented in late August.
NTSB Faults Barge Operator for Fatal Offshore Pipe Rupture
The National Transportation Safety Board (NTSB) has determined that the failure of Morgan City, LA-based Athena Construction to require its crews to secure mooring spuds in place on its barges led to an unintentional release of one of the spuds, which resulted in a natural gas pipeline rupture offshore Louisiana that killed six people in October 2006.
NTSB Faults Barge Operator for Fatal Offshore Pipe Rupture
The National Transportation Safety Board (NTSB) has determined that the failure of Morgan City, LA-based Athena Construction to require its crews to secure mooring spuds in place on its barges led to an unintentional release of one of the spuds, which resulted in a natural gas pipeline rupture offshore Louisiana that killed six people in October 2006.
Southern Star Proposing Pipeline From Fayetteville to Rockies Express
Southern Star Central Gas Pipeline Inc. is contemplating a new interstate natural gas pipeline to connect the developing Fayetteville Shale basin in Central Arkansas to Kinder Morgan’s Rockies Express Pipeline LLC (REX) in Audrain County, MO, the company said Friday.