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In light of the decline in publicly traded companies with substantial pipeline assets and the rise in master limited partnerships (MLP) in the pipe sector, FERC Thursday issued a draft policy statement that would allow the use of MLPs in proxy groups to determine oil and natural gas pipelines' returns on equity (ROE) for ratemaking purposes.
Phase I of Iroquois Gas Transmission System LP's 08/09 Expansion -- a 1.6-mile pipeline loop in Newtown, CT -- began flowing gas on Nov. 14. The three-phase 08/09 Expansion will allow Iroquois to receive an additional 200 MMcf/d at its interconnect with Algonquin Pipeline in Brookfield, CT, and deliver the volumes to National Grid's KeySpan system at South Commack in Long Island. Iroquois will act as a middleman between Algonquin and KeySpan. Algonquin has entered into a precedent agreement with KeySpan for 175,000 Dth/d of firm service effective Nov. 1 and an additional 25,000 Dth/d...
Gordon Jaremko, Author at Natural Gas Intelligence - Page 11 of 118
Physical gas for weekend and Monday delivery was mostly flat in Friday's trading with modest gains posted in the Rockies and Midcontinent. However, the real story could be found in the northeast, where large drops were recoreded for a second straight trading day.
New Mexico Environmental Law Center attorneys have gone to the state's appeals court seeking to overturn a decision by appointees of Gov. Susana Martinez to roll back a climate change law opposed by the oil/gas industry. The law was passed two years ago in a Democratic administration before Martinez, a Republican, took office.