Questar Pipeline launched a major pipeline expansion initiative last week in conjunction with plans announced recently to move forward with the eastern portion of its Southern Trails Pipeline to California (see Daily GPI, April 10) and in response to strong demand for capacity on several other downstream pipelines, particularly Kern River. Questar also said it is moving forward with plans to build the Rocky Mountain region’s first high deliverability salt cavern storage operation, and will attempt to turn its existing pipeline system into a market hub.
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Questar Plans WY Storage Project, Pipeline Hub
Questar Pipeline launched a major pipeline expansion initiative Tuesday in conjunction with plans announced recently to move forward with the eastern portion of its Southern Trails Pipeline to California (see Daily GPI, April 10) and in response to strong demand for capacity on several other downstream pipelines, particularly Kern River. Questar also said it is moving forward with plans to build the Rocky Mountain region’s first high deliverability salt cavern storage operation, and will attempt to turn its existing pipeline system into a market hub.
Producers Protest Capacity Deals on Transwestern
Indications of the shortage of pipeline capacity to California showed up again recently in a protest filed by producers against deals made by Transwestern Pipeline with two shippers for gas transportation in February. The producers claim others did not have a meaningful opportunity to bid on capacity and that it was sold outside the tariff rate structure.
PA Lawmaker Seeks to Revoke Independence Certificate
Seizing upon a deadline ultimatum recently issued by FERC for the proposed Independence Pipeline and associated SupplyLink expansion, State Rep. Frank LaGrotta of Pennsylvania has called on the Commission to revoke the certificate for the construction of the controversial, multi-state project.
PA Lawmaker Seeks to Sink Independence Pipe
Seizing upon a deadline ultimatum recently issued by FERC forthe proposed Independence Pipeline and associated SupplyLinkexpansion, Pennsylvania Rep. Frank LaGrotta has called on theCommission to revoke the certificate for the construction of thecontroversial, multi-state project.
Baja Pipeline Draws Strong Market Interest; Filing Pending
Strong interest amounting to essentially double the proposedcapacity from a recently completed open season has units ofPG&E Corp. and Sempra Energy pushing for a FERC filing by theend of this month for their joint venture natural gas pipelinelateral from the Arizona-California border through northern Baja inMexico, PG&E’s CEO told financial analysts Tuesday.
North Baja Pipe Draws Strong Market Interest
Strong interest amounting to essentially double the proposedcapacity from a recently completed open season has units ofPG&E Corp. and Sempra Energy pushing for a FERC filing by theend of this month for their joint venture natural gas pipelinelateral from the Arizona-California border through northern Baja inMexico, PG&E’s CEO told financial analysts Tuesday.
Buoyed By Crude, Gas Futures Notch All-Time Highs
What a difference a week can make when you are dealing with thevolatility of natural gas futures. As recently as last Friday whenprices carved out a $4.98 low, it appeared that bulls had turned intheir horns and donned their bear coats for the winter. And whynot? Storage injections were picking up, demand was light andtechnicals had turned negative. $4.50 here we come, right?
Phillips Acquires Coal-Bed Assets
Phillips Petroleum announced last week that it has done somecoal-bed methane shopping recently. Phillips acquired River GasCorp., a privately held coal-bed methane producer, as well ascoal-bed methane positions of three other companies located in thePowder River Basin of Wyoming. The cost of the four transactionswas $123 million in cash.
Phillips Acquires Coal-Bed Assets
Phillips Petroleum announced yesterday that it has done somecoal-bed methane shopping recently. Phillips acquired River GasCorp., a privately held coal-bed methane producer, as well ascoal-bed methane positions of three other companies located in thePowder River Basin of Wyoming. The cost of the four transactionsfor was $123 million in cash.