Energy Transfer Partners said it purchased a majority of the entity that owns Houston Pipe Line and related storage assets from American Electric Power Corp. (AEP) for about $825 million. AEP had been planning to sell the assets since last year as part of its strategy to refocus on core regulated operations.
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Enterprise Triples Ownership Interest in Dixie Pipeline
Enterprise Products Partners LP last week tripled its total ownership interest from 20% to 66% in Dixie Pipeline Co., which owns and operates a 1,300-mile propane pipeline from supply areas in Texas, Louisiana and Mississippi to markets throughout the southeastern United States.
Enterprise Triples Ownership Interest in Dixie Pipeline
Enterprise Products Partners LP on Monday said it had tripled its total ownership interest from 20% to 66% in Dixie Pipeline Co., which owns and operates a 1,300-mile propane pipeline from supply areas in Texas, Louisiana and Mississippi to markets throughout the southeastern United States.
TransCanada Defends Its Alaska Pipe Route Against Enbridge Challenge
TransCanada PipeLines owns the right to build the Canadian half of the Alaska project and has deliveries of about 3 Bcf to the United States to prove it, according to company president Hal Kvisle.
TransCanada Defends Its Alaska Pipe Route Against Enbridge Challenge
TransCanada PipeLines owns the right to build the Canadian half of the Alaska project and has deliveries of about 3 Bcf to the United States to prove it, according to company president Hal Kvisle.
MarkWest Buys Enterprise’s Stake in Starfish Pipeline for $42M
MarkWest Energy Partners L.P. said it will pay Enterprise Products Partners $42.1 million for a 50% non-operating stake in Starfish Pipeline Co., which owns the FERC regulated Stingray natural gas pipeline, the unregulated Triton natural gas gathering system and the West Cameron dehydration facility, all located in the Gulf of Mexico or onshore in southwestern Louisiana.
MarkWest Buys Enterprise’s Stake in Starfish Pipeline for $42M
MarkWest Energy Partners L.P. said it will pay Enterprise Products Partners $42.1 million for a 50% non-operating stake in Starfish Pipeline Co., which owns the FERC regulated Stingray natural gas pipeline, the unregulated Triton natural gas gathering system and the West Cameron dehydration facility, all located in the Gulf of Mexico or onshore in southwestern Louisiana.
Hydro-Quebec Sells Major Interest in Gaz Metro
Hydro-Quebec last week announced the sale of its 50.38% control of Noverco, the holding company that owns nearly 75% of Quebec’s largest natural gas distributor, Gaz Metropolitain, and almost 10% of Canadian pipeline and distribution firm Enbridge Inc., to a consortium led by the Quebec provincial pension fund manager Caisse de depot for C$900 million.
Hydro-Quebec Sells Major Interest in Gaz Metro
Hydro-Quebec has announced the sale of its 50.38% control of Noverco, the holding company that owns nearly 75% of Quebec’s largest natural gas distributor, Gaz Metropolitain, and almost 10% of Canadian pipeline and distribution firm Enbridge Inc., to a consortium led by the Quebec provincial pension fund manager Caisse de depot for C$900 million.
Dominion May Use Modified Barges to Deliver LNG Along the East Coast
Dominion, which owns the Cove Point LNG import terminal in Maryland, is dusting off a 30-year-old plan to deliver LNG to distant storage tanks along the East Coast via specially designed barges.