Affiliated pipelines Texas Eastern and Algonquin cited impending cold weather and high demand in saying they will restrict nominations creating due-pipe imbalances and resolving due-shipper imbalances starting Sunday until further notice. The restrictions will be enforced “regardless of the shipper’s cumulative imbalance,” the pipes said.
Pipelines
Articles from Pipelines
Canadian LNG Terminals Seek L-T Contracts; Suppliers Like $pot
Canadian liquefied natural gas terminal projects are running aground on a difference between traditional trade with the United States through pipelines and global commerce in ocean tanker cargoes.
Canadian LNG Terminals Seek L-T Contracts; Suppliers Like $pot
Canadian liquefied natural gas (LNG) terminal projects are running aground on a difference between traditional trade with the United States through pipelines and global commerce in ocean tanker cargoes.
Algonquin’s Proposed Gas Quality Standards Target of Dispute
Major importers of liquefied natural gas (LNG), New England local distribution companies (LDCs) and pipelines are taking issue with Algonquin Gas Transmission LLC’s proposed gas quality and interchangeability standards for regasified LNG that would be delivered from the Northeast Gateway deepwater LNG facility being built off the coast of Massachusetts.
Algonquin’s Proposed Gas Quality Standards Target of Dispute
Major importers of liquefied natural gas (LNG), New England local distribution companies (LDC) and pipelines are taking issue with Algonquin Gas Transmission LLC’s proposed gas quality and interchangeability standards for regasified LNG that would be delivered from the Northeast Gateway deepwater LNG facility being built off the coast of Massachusetts.
Industry Brief
Atlas Pipeline Partners LP subsidiary Atlas Pipeline McKean LLC has completed the acquisition of gas gathering and processing assets in McKean County, PA, consisting of approximately 21 miles of gathering pipelines, a gas processing plant with capacity of 10 MMcf/d and related equipment and delivery taps into the National Fuel Gas system. The purchase price was $6.1 million with additional future gas volume-based incentive payments to be made to the seller. “I am very happy to be able to announce this acquisition as it will allow the Partnership to earn fees from the gathering and removal of natural gas liquids from gas produced in an area of active drilling by a number of operators, including Atlas Energy Resources LLC,” said partnership President Michael Staines. “Target formations include natural gas liquids-rich shallow formations and potentially the deeper Marcellus Shale formation. In addition we have identified several organic growth opportunities that we will undertake in the next few months.”
Williams’ Power Asset Sale Sets Up Possible LBO, Says Analyst
Williams, which restructured to concentrate on its core domestic natural gas businesses — exploration, midstream and gas pipelines — agreed last week to cast off substantially all of its power assets to Bear Energy LP, a unit of The Bear Stearns Cos. Inc., in a deal valued at $512 million. The transaction includes 7,700 MW of gas-fired tolling capacity, 1,800 MW of full requirements power supply contracts and a trading book.
Bear Stearns Scoops Up Most of Williams’ Power Assets in $512M Deal
Williams, which restructured its business to concentrate on its core natural gas businesses — exploration, midstream and gas pipelines — agreed Monday to cast off substantially all of its power assets to Bear Energy LP, a unit of The Bear Stearns Cos. Inc., in a deal valued at $512 million. The transaction includes 7,700 MW of gas-fired tolling capacity, 1,800 MW of full requirements power supply contracts and a trading book.
Canadian Government Promises Regulatory Streamlining
Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).
Canadian Government Promises Regulatory Streamlining
Pipelines and producers are showering unanimous praise on a pledge by the Canadian government to prevent a repetition of the regulatory ordeal delaying and possibly aborting the Mackenzie Gas Project (MGP).