Processing

FERC Chairman Joseph Kelliher said the agency will continue processing the applications for two rival liquefied natural gas (LNG) terminal projects in Maine despite growing opposition by Canadian officials to LNG tankers traversing their waters.

The proliferation of midstream master limited partnerships (MLP) and their pursuit of gathering, processing, pipeline and storage have driven asset valuations to exceptional heights and made compelling deals harder to find.

FERC Chairman Joseph Kelliher said the agency will continue processing the applications for two rival liquefied natural gas (LNG) terminal projects in Maine despite growing opposition by Canadian officials to LNG tankers traversing their waters.

The proliferation of midstream master limited partnerships (MLP) and their pursuit of gathering, processing, pipeline and storage have driven asset valuations to exceptional heights and made compelling deals harder to find.

Natural gas buyers, from metals companies to food and paper processing conglomerates, power generators and some of the largest chain stores, all will be attending the GasMart 2007 conference hosted by Intelligence Press Inc. (IPI) in the Hyatt Regency McCormick Place Hotel in downtown Chicago, May 9-11. This 21st annual event features an all-new focus on its exclusive Market Network Center where buyers and sellers meet.

Natural gas buyers, from metals companies to food and paper processing conglomerates, and some of the largest chain stores, will be attending the GasMart 2007 conference hosted by Intelligence Press Inc. (IPI) in the Hyatt Regency McCormick Place Hotel in downtown Chicago, May 9-11. This 21st annual event features an all-new focus on its exclusive Market Network Center where buyers and sellers meet.

After years of regulatory processing and stakeholder settlements, California regulators last week unanimously established “firm access rights” (FAR) for wholesale natural gas customers on the Sempra Energy utilities’ gas transmission and storage system. It was recognized that stakeholders see the new system as far from perfect, and the utility was directed to take steps to fine tune the program before it becomes fully implemented in 2008.

After years of regulatory processing and stakeholder settlements, California regulators Thursday unanimously established “firm access rights” (FAR) for wholesale natural gas customers on the Sempra Energy utilities’ gas transmission and storage system. It was recognized that stakeholders see the new system as far from perfect, and the utility was directed to take steps to fine tune the program before it becomes fully implemented in 2008.

The Hess Corp.-operated Sea Robin Processing Plant was shut down unexpectedly Friday, Sea Robin Pipeline reported. The plant will continue to dehydrate gas during this outage, it added. The pipeline said that if any downstream pipeline operator declines to accept Sea Robin deliveries while the plant is down, it will notify shippers as soon as possible of the need to move their gas to other delivery points. It urged shippers to contact downstream point operators to see if they will be accepting gas from Sea Robin.