Right

Being closer to a major market area means cheaper transport, right? Marcellus Shale producers are benefiting from that self-evident axiom, but there is some question about their relative lack of gathering/processing infrastructure compared to such areas as the Gulf Coast and Midcontinent hindering them from realizing maximum value for their gas.

The Bureau of Land Management (BLM) has granted a right-of-way grant for the east-to-west Ruby Pipeline natural gas project, which is being built by El Paso Corp. and private equity fund Global Infrastructure Partners (GIP). The grant is subject to final completion of cultural treatment plans and related agreements on federal lands along Ruby’s 680-mile route from an existing supply hub at Opal, WY, to interconnections near Malin, OR, said El Paso. The Federal Energy Regulatory Commission (FERC) issued a certificate for the 1.5 Bcf/d pipeline in April (see NGI, April 12). Construction is to begin once Ruby is issued a FERC Notice to Proceed and Construct, and service remains scheduled to ramp up next March.

The Bureau of Land Management (BLM) on Tuesday granted a right-of-way grant for the east-to-west Ruby Pipeline natural gas project, which is being built by El Paso Corp. and private equity fund Global Infrastructure Partners (GIP).

As natural gas producers continue to turn their efforts to high-Btu gas shale plays, it remains to be seen whether the resulting production growth of natural gas liquids (NGL) can be accommodated by existing and planned processing and fractionation capacity, not to mention demand from the petrochemical industry.

Picking up right where they left off on Friday, natural gas futures traders on Monday continued to test the downside as the April contract recorded yet another new low for the move before closing out the regular session at $4.391, down just less than a penny from last week’s finish.

Picking up right where they left off on Friday, natural gas futures traders on Monday continued to test the downside as the April contract recorded yet another new low for the move before closing out the regular session at $4.391, down just less than a penny from last week’s finish.

The U.S. Supreme Court has agreed to take up a case involving Missouri Gas Energy (MGE) and whether an Oklahoma county has the right to tax natural gas temporarily stored by the Kansas City, MO-based distributor in Oklahoma.

With the right prices North American liquefied natural gas (LNG) imports eventually will grow, and in any event the new array of receiving terminals in the United States gives it more options, according to the head of Gazprom’s U.S. marketing/trading operations. The Russian natural gas giant, which opened its Houston-based North American energy trading operations Oct. 1, intends to be an active physical and financial gas players throughout the nation (see Daily GPI, Oct. 2).

The U.S. Supreme Court has agreed to take up a case involving Missouri Gas Energy (MGE) and whether an Oklahoma county has the right to tax natural gas temporarily stored by the Kansas City, MO-based distributor in Oklahoma.