Transfer

The FERC and Commodity Futures Trading Commission (CFTC) investigations into trading and intrastate gas transportation activities of Energy Transfer Partners (ETP) will likely result in fines in the case of a negotiated settlement, the company said in a regulatory filing.

With installation of the Independence Hub production platform in the deepwater of the eastern Gulf of Mexico (GOM) now complete, Enterprise Products Partners LP said it will transfer control to Anadarko Petroleum Corp. as platform operator. The hub, expected to ramp up in the second half of 2007, will be capable of handling up to 1 Bcf/d, which would represent more than a 10% increase in gas deliveries from the GOM (see NGI, Oct. 23, 2006). The producer group is now in the process of installing flowline risers, which will transport production from the subsea wellheads to the hub, and Enterprise is installing the export pipeline riser that will transport natural gas from the platform to the 134-mile Independence Trail pipeline, which was installed in August 2006. Independence Trail will transport up to 1 Bcf/d of natural gas from the hub to the partnership’s West Delta 68 platform, which connects to a third party pipeline to deliver the gas onshore into Louisiana.

Kinder Morgan Energy Partners LP (KMP) and Energy Transfer Partners LP (ETP) announced a partnership for a new west-east pipeline last week. Their project joins several others with a similar goal of tapping Midcontinent and Texas production for eastern markets while KMP-backed Rockies Express intends to do the same for Rocky Mountain producers.

Energy Transfer Partners LP (ETP) said it completed the second phase of its 265-mile, 42-inch pipeline construction project, providing Fort Worth Basin producers with 500 MMcf/d of new firm transportation capacity to major hubs in East Texas.

Energy Transfer Partners LP (ETP) said it completed the second phase of its 265-mile, 42-inch pipeline construction project, providing Fort Worth Basin producers with 500 MMcf/d of new firm transportation capacity to major hubs in East Texas.

Energy Transfer Partners LP (ETP), which in the past month acquired an interstate natural gas pipeline and announced an expansion of its Texas-based business, last week said subsidiary Houston Pipe Line Co. LP (HPL) has agreed to a long-term contract to provide firm transportation and storage services on its Gulf Coast system to CenterPoint Energy Resources Corp (CERC).

Energy Transfer Partners LP (ETP), which in the past month acquired an interstate natural gas pipeline and announced an expansion of its Texas-based business, on Tuesday said subsidiary Houston Pipe Line Co. LP (HPL) has entered into a long-term agreement with CenterPoint Energy Resources Corp. to provide firm transportation and storage services on its Gulf Coast system.

Forecasts of Canadian gas supply declines are being exaggerated by an industry faction following an oil agenda, say opponents of a plan to convert part of the TransCanada PipeLines system to oil service.

Forecasts of Canadian gas supply declines are being exaggerated by an industry faction following an oil agenda, say opponents of a plan to convert part of the TransCanada PipeLines system to oil service.