Spain

UIL Picking Up New England Gas Utility Three-Pack

UIL Holdings Corp. has agreed to acquire three natural gas utilities — Southern Connecticut Gas Co. (SCG), Connecticut Natural Gas Corp. (CNG) and The Berkshire Gas Co. — from a unit of Spain’s Iberdrola SA for $1.296 billion in cash less net debt of $411 million.

May 26, 2010

Canaport Could Send Out 600 MMcf/d Next Year, Says Repsol Exec

Anyone watching North American natural gas prices might blanch at the thought of christening a liquefied natural gas (LNG) import terminal, but Spain’s Repsol forged ahead recently with the opening of its Canaport facility at Mispec Point, near Saint John, NB. Repsol Energy North America (RENA) President Phil Ribbeck noted that winter is coming and he expects cargo traffic to ramp up soon and into next year.

October 19, 2009

Repsol Exec: Canaport Volumes to Grow

Anyone watching North American natural gas prices might blanch at the thought of christening a liquefied natural gas (LNG) import terminal, but Spain’s Repsol forged ahead recently with the opening of its Canaport facility at Mispec Point, near Saint John, NB. Repsol Energy North America (RENA) President Phil Ribbeck noted that winter is coming and he expects cargo traffic to ramp up soon and into next year.

October 19, 2009

Canaport LNG Marks Official Opening

The 1 Bcf/d Canaport LNG terminal marked its official opening Thursday, giving Spain’s Repsol YPF greater access to U.S. and Canadian natural gas markets.

September 28, 2009

Industry Briefs

The 1 Bcf/d Canaport LNG terminal has marked its official opening, giving Spain’s Repsol YPF greater access to U.S. and Canadian natural gas markets. The liquefied natural gas (LNG) terminal received its first cargo in June (see NGI, June 22). It can supply up to 20% of New York and New England’s gas demand, according to Repsol. The terminal facility has the capability to store 9.9 Bcf of gas in liquefied form. Canaport LNG is the first to be completed of 10 key projects included in Repsol’s 2008-2012 strategic plan. It is the first land-based LNG receiving and regasification terminal built on the East Coast of North America in 30 years and the first LNG receiving and regasification terminal in Canada. Repsol partnered with Fort Reliance, Irving Oil’s parent company and owner of Canada’s largest oil refinery, in the construction of the terminal. Repsol is the managing general partner with a 75% stake and has contracted for 100% of the plant’s capacity. Repsol began selling gas in the Northeastern United States in 2008. The company said it plans to quadruple its global volumes of LNG sold by 2012.

September 28, 2009

Canaport LNG: Repsol’s New England Gateway

With the Canaport LNG terminal due to receive its first shipment of liquefied natural gas (LNG) within days, Spain’s Repsol YPF is poised to enter the North American gas market with up to 1 Bcf/d of supply delivered “at the end of the pipe” to the hurricane-free Northeast/New England market.

June 22, 2009

Canaport LNG: A Cornerstone of Repsol North American Gas Strategy

With the Canaport LNG terminal due to receive its first shipment of liquefied natural gas (LNG) within days, Spain’s Repsol YPF is poised to enter the North American gas market with up to 1 Bcf/d of supply delivered “at the end of the pipe” to the hurricane-free Northeast/New England market.

June 19, 2009

Canaport LNG Terminal Coming On-Line

Spain’s Repsol YPF said it will mark the opening of its Canaport liquefied natural gas (LNG) terminal Thursday. The project is due to receive what will be the first LNG cargo delivered to Canada.

June 18, 2009

Open Season Planned for Caledonia Storage Expansion

Houston-based Enstor Inc., a unit of Spain’s Iberdrola SA, will begin accepting binding bids for firm storage capacity at its Caledonia Gas Storage Field in northeast Mississippi, the company said Wednesday. Bidding will begin Aug. 6 and close at 5 p.m. CDT on Aug. 20.

July 24, 2008

Freebird Owner Buying Caledonia Gas Storage

Enstor Inc., a unit of Spain’s Iberdrola SA, is buying Caledonia Energy Partners LLC (CEP), owner of the Caledonia Gas Storage Field in northeastern Mississippi, from Tenaska Power Fund LP (TPF) and other owners, the companies said Monday.

May 20, 2008