Transport

Dusting off an almost five-year-old project, Williams said Friday it has executed precedent agreements with seven shippers to transport an additional 142,000 Dth/d of natural gas to growing markets in the Northeast on the company’s Transcontinental Gas Pipe Line (Transco) from the existing Transco/Cove Point interconnect in Virginia and the Leidy Hub in Pennsylvania. The Sentinel expansion will be operational in November 2008.

With prospects rapidly improving to produce and transport oil and natural gas from the deepwater, energy companies are expected to spend between $3.4-5 billion on subsea processing systems worldwide between now and 2015, according to a joint study conducted by energy analysts Douglas-Westwood Ltd. and technology specialists OTM Consulting.

Plenty of political wrangling remains before an agreement is struck to commercialize Alaska’s North Slope gas reserves with transport to the Lower 48 (see Daily GPI, Sept. 8). However, getting Alaska gas to Canada and then the United States is something TransCanada Corp. has been thinking about for a long time. And the company has some definite ideas about what it would like its role to be in the effort.

Plenty of political wrangling remains before an agreement is struck to commercialize Alaska’s North Slope gas reserves with transport to the Lower 48 (see NGI, Sept. 11). However, getting Alaska gas to Canada and then the United States is something TransCanada Corp. has been thinking about for a long time. And the company has some definite ideas about what it would like its role to be in the effort.

Mid-America Pipeline Co. LLC has executed long-term transportation agreements with all but one of its current shippers on the Rocky Mountain Pipeline system to transport natural gas liquids (NGL) from the Rockies to either the Hobbs, NM fractionator or to Mont Belvieu, TX, via the Seminole pipeline system. The agreements, for at least 10 years and up to 20 years, are expected to help expand NGL transportation from the growing Rockies’ basins.

FERC on Friday gave a final environmental nod to two associated pipeline projects — Southern Natural Gas’ Cypress Pipeline, which will transport augmented deliveries of regasified liquefied natural gas (LNG) supplies from a proposed expansion of Southern’s Elba Island LNG terminal in Georgia, and Florida Gas Transmission’s (FGT) expansion project that will interconnect with Cypress to allow regasified LNG to reach Florida.

A new proposal by Weaver’s Cove Energy LLC to use smaller tankers to transport liquefied natural gas (LNG) up the Taunton River in order to circumvent a legal barrier to the Fall River, MA, import terminal project is both “dumb” and “dangerous,” said Rep. Jim McGovern (D-MA), who last year erected the barrier that the company is now trying to bypass.

FERC on Friday gave El Paso Corp. subsidiary Wyoming Interstate Co. Ltd. (WIC) final environmental clearance to carry out an expansion of its system to transport additional natural gas production out of the central Rocky Mountains.

With shareholder approval, Royal Dutch Petroleum and Shell Trading & Transport officially merged on Tuesday, ending a dual corporate structure that had lasted more than 100 years.