Phase

While the western phase of the Rockies Express Pipeline grabbed most of the attention Thursday, FERC also approved a number of other key pipeline and liquefied natural gas (LNG) projects, as well as two asset purchases.

With the first phase of the liquefied natural gas (LNG) global infrastructure buildout well under way, LNG is becoming a global commodity whose price is subject to multiple factors, the vagaries of international politics among them. Now and in the future, U.S.-based gas players might do well to remember one thing in particular:

With the first phase of the liquefied natural gas (LNG) global infrastructure buildout well under way, LNG will one day be a global commodity whose price is subject to multiple factors, the vagaries of international politics among them. Now and in the future, U.S.-based gas players might do well to remember one thing in particular:

FERC last Monday issued a favorable environmental review of Maritimes & Northeast Pipeline LLC’s Phase IV compression and pipeline expansion in Maine that would support the Canaport liquefied natural gas (LNG) import terminal, which is being built by Irving Oil and Repsol YPF in Saint John, NB.

FERC on Monday issued a favorable environmental review of Maritimes & Northeast Pipeline LLC’s Phase IV compression and pipeline expansion in Maine that would support the Canaport liquefied natural gas (LNG) import terminal, which is being built by Irving Oil and Repsol YPF in Saint John, NB.

With the state’s chief regulator weighing in, California is poised to establish final rules for natural gas transmission and storage in the state as the end of the second phase of a multi-year industry restructuring. After postponing the issue earlier this month, the California Public Utilities Commission (CPUC) is scheduled Sept. 21 to vote on the issue, which covers various bread-and-butter issues affecting the state’s vast transmission/storage system and its upcoming integration of liquefied natural gas (LNG).

With the state’s chief regulator weighing in, California is poised to establish final rules for natural gas transmission and storage in the state as the end of the second phase of a multi-year industry restructuring. After postponing the issue earlier this month, the California Public Utilities Commission (CPUC) is scheduled Sept. 21 to vote on the issue, which covers various bread-and-butter issues affecting the state’s vast transmission/storage system and its upcoming integration of liquefied natural gas (LNG).

EnCana Corp. completed the first phase of a $1.5 billion gas storage asset divestiture on Friday, selling the bulk of its AECO Hub storage operations in Alberta, the Salt Plains storage facility in Oklahoma and the proposed Starks Gas Storage complex in Louisiana to the Carlyle/Riverstone Global Power and Energy Fund for $1.3 billion. The assets will be owned by Carlyle/Riverstone subsidiary Niska Gas Storage.

Inergy LP said Wednesday that subsidiary Central New York Oil And Gas Co. has sold out the 13 Bcf of working gas capacity associated with the Stagecoach Phase II storage expansion in Tioga County, NY. Three unnamed customers signed binding precedent agreements for the storage capacity, which will be accessible from Tennessee Gas Pipeline through an existing connection and from Millennium Pipeline through a proposed connection.