Pipes

Southern Union Venture Wins Bid to Buy Enron’s Pipes for $2.45B

Enron Corp. agreed late Wednesday to sell its natural gas pipeline business, CrossCountry Energy, to a joint venture of Southern Union Co. and a General Electric Co. unit in a transaction valued at $2.45 billion. CrossCountry holds Enron’s interest in three domestic gas pipelines, and is one of its final prized assets.

September 3, 2004

Florida Pipes Report Drop-Off in Deliveries After Charley

The two major interstate natural gas pipelines serving hurricane-ravaged Florida — Florida Gas Transmission (FGT) and Gulfstream Natural Gas System — reported they survived Charley with nary a scratch, but that their gas deliveries into the Sunshine State were down due to the number of their customers (power generation plants) that were off-line.

August 17, 2004

Pipes Seek Antitrust Waiver to Coordinate Inspections, Repairs and Avert Price Spikes

A major interstate natural gas pipeline group last Tuesday called on a House subcommittee to consider granting pipelines an antitrust waiver so that they can coordinate their integrity assessments and repair activities to avoid spikes in already-high gas prices and service disruptions.

July 26, 2004

Pipes Seek Antitrust Waiver to Coordinate Inspections, Repairs and Avert Price Spikes

A major interstate natural gas pipeline group on Tuesday called on a House subcommittee to consider granting pipelines an antitrust waiver so that they can coordinate their integrity assessments and repair activities to avoid spikes in already-high gas prices and service disruptions.

July 21, 2004

Kinder Morgan Companies Begin Flow on Two New Gas Pipes

Kinder Morgan Inc. (KMI) and Kinder Morgan Energy Partners LP. (KMP) said last week that service has begun on two new natural gas pipelines in Texas and Colorado, and CEO Richard Kinder said the companies remain on target to reach their earnings guidance for the year at $3.71 for KMI and $2.84 per KMP distribution unit.

July 19, 2004

Kinder Morgan Companies Begin Flow on Two New Gas Pipes

Kinder Morgan Inc. (KMI) and Kinder Morgan Energy Partners LP. (KMP) said Tuesday that service has begun on two new natural gas pipelines in Texas and Colorado, and CEO Richard Kinder said the companies remain on target to reach their earnings guidance for the year at $3.71 for KMI and $2.84 per KMP distribution unit.

July 14, 2004

Industry Study: Delays in Building Pipes, LNG Projects Will Cost Consumers $200B

A natural gas industry study scheduled for release in mid-July says that a two-year delay in building gas pipelines and liquefied natural gas (LNG) terminals will cost U.S. gas consumers more than $200 billion by 2020.

July 5, 2004

Industry Study: Delays in Building Pipes, LNG Projects Will Cost Consumers $200B

A natural gas industry study destined for release in mid-July says that a two-year delay in building gas pipelines and liquefied natural gas (LNG) terminals will cost U.S. gas consumers more than $200 billion by 2020.

June 30, 2004

SCANA to Merge Interstate, Intrastate Pipes into a Single Southeast System

Columbia, SC-based SCANA Corp. said Friday it plans to merge its interstate natural gas pipeline subsidiary and intrastate pipeline subsidiary into a single interstate pipeline over the next six months, citing FERC’s stiffer affiliate-abuse standards and an increasing customer interest in managing their purchasing portfolios as the reasons.

June 28, 2004

SCANA to Merge Interstate, Intrastate Pipes into Single Southeast System

Columbia, SC-based SCANA Corp. said Friday it plans to merge its interstate natural gas pipeline subsidiary and intrastate pipeline subsidiary into a single interstate pipeline over the next six months, citing FERC’s stiffer affiliate-abuse standards and an increasing customer interest in managing their purchasing portfolios as the reasons.

June 28, 2004