Kinder Morgan Inc. (KMI), one of North America’s largest natural gas storage and transportation companies, reported a 17% year-over-year hike in earnings in the third quarter, driven by strong performance from its general partner, Kinder Morgan Energy Partners LP (KMP), as well as another solid quarter from its fee-based assets.
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Scotian LNG Facility Proposed to Serve M&NP
The list of proposed North American liquefied natural gas (LNG) facilities continues to grow, with the latest project planned for Nova Scotia by Access Northeast Energy Inc. (ANE). The Bear Head LNG Terminal, to be developed near Point Tupper, NS, could begin commercial operations by November 2007, offering between 750 MMcf/d-1 Bcf/d of send-out capacity into the Maritimes and Northeast Pipeline.
September 1, 2003
Scotian LNG Facility Proposed to Serve M&NP
The list of proposed North American liquefied natural gas (LNG) facilities continues to grow, with the latest project planned for Nova Scotia by Access Northeast Energy Inc. (ANE). The Bear Head LNG Terminal, to be developed near Point Tupper, NS, could begin commercial operations by November 2007, offering between 750 MMcf/d-1 Bcf/d of send-out capacity into the Maritimes and Northeast Pipeline.
August 27, 2003
Qatar, ConocoPhillips Agree to LNG Project for U.S. Market
Qatar Petroleum and ConocoPhillips on Friday announced an agreement to develop Qatargas 3, a large-scale liquefied natural gas (LNG) project, to serve the U.S. market with 1 Bcf/d in gas sales. ConocoPhillips would purchase the LNG and be responsible for regasification and marketing, with the project scheduled to begin production between 2008-2009.
July 14, 2003
Bush to Nominate Democrat Suedeen Kelly for FERC Commissioner
President Bush Monday announced his intention to nominate Suedeen G. Kelly of New Mexico to serve on the Federal Energy Regulatory Commission. The nomination of Kelly, a Democrat, is expected to pave the way for Senate approval of Republican Joseph T. Kelliher, whose nomination has been blocked by Senate Democrats (see Daily GPI, Feb. 27).
June 19, 2003
AEP’s Draper to Retire in 2004
E. Linn Draper Jr., 61, the chairman and CEO of American Electric Power (AEP), said Wednesday he will retire in 2004.
April 10, 2003
New Gas Association Formed to Serve Northeast
The New England Gas Association (NEGA) and the New York Gas Group (NYGAS) merged last week to become the Northeast Gas Association (NGA), which will represent the local distribution companies, interstate pipeline companies, LNG importers, and associate companies involved in supporting the natural gas industry in the seven-state region of Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island and Vermont.
January 6, 2003
Brooklyn Firm Proposes 1,100 MW Facility to Serve NYC by 2006
TransGas Energy Systems LLC (TGE) is seeking permission to construct and operate a 1,100 MW combined-cycle generation facility in Brooklyn, NY, which could deliver wholesale power to load pockets in Brooklyn, Queens and Manhattan beginning in 2006.
January 6, 2003
El Paso Proposes 320 MMcf/d Mainline Expansion to Serve Southwest
El Paso Natural Gas last week filed an application at FERC seeking the go-ahead to add nine compressor facilities in three phases to boost the capacity of its mainline delivery system in the Southwest by an additional 320 MMcf/d.
October 7, 2002
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