Monday, December 23, 2024
FERC greenlights Tellurian’s $1.4 billion natural gas pipeline project in Louisiana- oil and gas 360

FERC greenlights Tellurian’s $1.4 billion natural gas pipeline project in Louisiana

World Oil (WO) – Tellurian Inc. announced that the U.S. Federal Energy Regulatory Commission (FERC) issued the certificate on April 21, 2023 granting authorization for Driftwood Pipeline, LLC’s Line 200 and Line 300, an approximate $1.4 billion natural gas transmission project proposed to be located in Beauregard and Calcasieu Parishes, Louisiana. The pipelines will have the ability to supply up

Mexico Expects to Save $4.5 Billion After Pushing Firms to Rework Pipeline Contracts

From Reuters Mexico’s government said on Tuesday it had persuaded companies to waive “significant” profits from natural gas pipeline deals signed under the previous administration after renegotiating the contracts to save taxpayers $4.5 billion. The deal announced by President Andres Manuel Lopez Obrador and the head of state-run power utility the Federal Electricity Commission (CFE) at a news conference will

Mexican President Pushes Hopes for Pipeline Deal into Next Week

From Reuters Mexican President Andres Manuel Lopez Obrador said on Thursday a deal could be reached next week with companies to end a contractual dispute over several natural gas pipelines, dialing back hopes for a quicker resolution. “It’s going well, that business,” Lopez Obrador told reporters at his regular morning news conference after the latest round of talks with companies

Transco Pipeline Sends Record Volumes of NatGas to Eastern Seaboard and Gulf Coast

Transco is largest gas transmission system in U.S. – 10,000-mile pipeline network, main line runs 1,800 miles between South Texas and New York City The nation’s largest-volume natural gas transmission system, Transco, delivered a record-breaking 15.68 million dekatherms (MMdt) of natural gas on Jan. 21, 2019, Williams (stock ticker: WMB, $WMB) reported. The new peak-day mark surpasses the previous high

Williams Weighs Selling Stake in Wyoming Pipeline

From Bloomberg Its 50% of Jackalope system could fetch more than $500 million Division gathers and processes gas in Powder River Basin   Williams Cos., one of the biggest natural gas pipeline operators in the U.S., is seeking buyers for its stake in Jackalope Gas Gathering Services, which could fetch more than $500 million in a sale, according to people

Dominion Energy’s $6 Billion Atlantic Coast Natural Gas Pipeline Remains On Track

From Reuters Dominion Energy Inc said on Wednesday that its $6-$6.5 billion Atlantic Coast natural gas pipeline from West Virginia to Virginia and North Carolina remained on track to enter service in late 2019 after federal regulators approved the start of construction for the project in North Carolina. “Yesterday’s approval was another major step forward for the project and keeps

Appeals Court: New York Can’t Stop Millennium Natural Gas Pipeline to New Power Plant

Last week, the U.S. Court of Appeals for the Second Circuit issued a decision that the New York Department of Environmental Conservation (DEC) had waived its right to block the Millennium Pipeline Company’s application to construct a 7.8-mile pipeline that would transport natural gas to a natural gas power plant in Wawayanda, NY. The pipeline project, named the Valley Lateral

Cheniere Gets Commitments from Devon, Marathon and Gulfport for Proposed STACK/SCOOP-to-Gulf Coast Gas Pipeline

Cheniere’s Midship open season ends March 30 Cheniere Energy’s (ticker: LNG) Midship Pipeline Company, LLC has signed agreements with foundation shippers to support construction of a 200 mile, 36-inch interstate natural gas pipeline project and has launched a binding open season for shippers—known as the Midship project. Cheniere said the commitments are from subsidiaries and/or affiliates of Cheniere, Devon Energy Corporation

TransCanada to Move More Western Canadian Natural Gas to Eastern Markets

Successful Canadian Mainline open season for TransCanada TransCanada Corporation (ticker: TRP) said the successful conclusion of its long-term, fixed-price Open Season to transport natural gas on the Canadian Mainline from the Empress receipt point in Alberta to the Dawn hub in Southern Ontario generated binding, long-term contracts from Western Canada Sedimentary Basin (WCSB) gas producers to transport 1.5 PJ/d of natural gas

After Approving 7 Pipelines in 2017, FERC is Dead in the Water

FERC is out of gas without a quorum For years, Marcellus and Utica natural gas transportation bottlenecks have seen producers crying for more takeaway capacity to move produced natural gas out of Appalachia. And just when they started to get some relief from FERC-approved pipeline projects, FERC ran out of gas—at least temporarily. So far in 2017, the Federal Energy Regulatory Commission (FERC)

Moving Gas: FERC Approves Construction of TransCanada’s Leach XPress and Rayne XPress Pipelines

Moving Gas: FERC Approves Construction of TransCanada’s Leach XPress and Rayne XPress Pipelines

Marcellus, Utica natural gas producers take a step closer to U.S. Gulf Coast markets “The Marcellus and Utica basins – the fastest-growing natural gas supply region in North America – have the lowest development and production costs along with the highest growth prospects of any large basin on the continent.” That’s how TransCanada (ticker: TRP) characterized the upside for Appalachian