A unit of San Diego-based Sempra Energy has agreed to sell its 25% stake in the Rockies Express Pipeline (REX) to Tallgrass Development LP for $440 million in cash, which would hand Tallgrass a three-quarter stake in the massive natural gas system.
Tallgrass
Articles from Tallgrass
Shippers Protest REX’s Proposal to Delay Capacity Release Standards
A recent request to FERC by Rockies Express Pipeline LLC (REX) for an extension of time to implement portions of its Capacity Release Standards should not be permitted due to “the broad effect such a delayed implementation would have on the natural gas industry,” according to a quintet of shippers.
February 24, 2016
Tallgrass Acquires Another Third of Pony Express Pipeline
Tallgrass Energy Partners LP is acquiring another 31.3% of Tallgrass Pony Express Pipeline LLC for $475 million in cash and 6.518 million Tallgrass Energy common units to be issued to Tallgrass Development.
January 4, 2016
Tallgrass Interstate Gets OK to Convert Segment to Crude
FERC Thursday approved Tallgrass Interstate Gas Transmission LLC’s (previously Kinder Morgan Interstate Gas Transmission LLC) proposal to sell a 432-mile mainline segment to affiliate Tallgrass Pony Express for the purpose of converting it to transport crude oil from the Bakken and Denver-Julesburg/Niobrara shales.
September 16, 2013
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