News

Kinder Morgan (KMI) has announced the sale of a 50% stake in the $500m Utopia pipeline project to US-based private equity firm Riverstone Investment Group. In addition to acquiring the existing assets, Riverstone will also fund its share of future capital expenditures that are needed to complete construction and commissioning of the project. The Utopia pipeline project stretches from Harrison County to Fulton County and will include about 215 miles of new, 12-inch diameter pipeline that is planned ...

Enterprise Products Partners plans to build a new cryogenic natural gas processing facility and associated natural gas and natural gas pipeline infrastructure. The new project will facilitate the continued growth of NGL-rich natural gas production in the Delaware Basin of West Texas and southeastern New Mexico. The processing plant will have capacity of 300 million cubic feet per day and the capability to extract more than 40,000 barrels per day of NGL. However the site for this has ...

Russia

The State of Alaska has proposed taking a bigger ownership stake in a long discussed mega-project designed at getting North Slope natural gas to market. Details of the plan weren

Bulgaria and Slovakia have signed an agreement for future gas supplies to the Balkan country via the proposed Eastring pipeline, Bulgarian media reported. Bulgaria and Slovakia have signed an agreement for future gas supplies to the Balkan country via the proposed Eastring pipeline, Bulgarian media reported. According to the Novonite news agency, the agreement was signed by major gas pipeline operators of the two countries, Bulgartransgaz and Eustream, in Sofia on Thursday. Under the agreement, the sides are ...