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Natural gas transport volumes were up 10 percent compared to the second quarter of 2018, with the largest gains on EPNG and KMLP, followed by Colorado Interstate Gas Pipeline Company (CIG), Wyoming Interstate Company (WIC) and Ruby Pipeline.
Recontracting risk at SNG is higher than Sabal but is a longer term concern with a weighted average remaining contract term of approximately seven years, similar to EPNG at six years and TGP at seven years.
The agreement provides for deliveries primarily to a new point of interconnection with the Sierrita Pipeline project along EPNG's South Mainline and also to California.
The closure of the deal has made KMP owner of the 50% it did not already control in EPNG and the El Paso midstream assets.
EPNG is a 10,200-mile pipeline system with a design capacity of about 5.6 Bcf per day.
An upgrade study was undertaken to address EPNG's present and future requirements for voice and data transmission.
EPNG is a 10,200-mile system with design capacity of 5.6 Bcf/d.
Terms call for EPNG, acting through its affiliate Sasabe Pipeline Co., to initially provide 200 MMcf/d of firm transportation capacity via a 60-mile, 36-inch lateral pipeline that would extend from EPNG's existing south mainlines, near Tucson to the U.S.-Mexico border, terminating at Sasabe, AZ where it would connect with a pipeline in Mexico at the direction of the Mexico Comision Federal de Electricidad.
US natural gas pipeline operator Kinder Morgan Inc (NYSE:KMI) has wrapped up the USD6.22bn (EUR5.05bn) sale of its 100% in Tennessee Gas Pipeline (TGP) and 50% in El Paso Natural Gas (EPNG) operations to Kinder Morgan Energy Partners LP (NYSE:KMP), the buyer said.Country: USASector: Petroleum/Natural Gas/CoalTarget: El Paso Natural Gas (EPNG), Tennessee Gas Pipeline (TGP)Buyer: Kinder Morgan Energy Partners LPVendor: Kinder Morgan Inc Deal size in USD: 3.9bnType: DivestmentFinancing: Cash & DebtStatus: ClosedComment: Deal size is combined and does not include assumed debt.
US publicly traded pipeline limited partnership Kinder Morgan Energy Partners LP (KMP) (NYSE:KMP), a pipeline transportation and energy storage company, revealed on Monday that it has acquired 100% of Tennessee Gas Pipeline (TGP) and a 50% interest in El Paso Natural Gas (EPNG) pipeline from energy company Kinder Morgan Inc (KMI) (NYSE:KMI) for approximately USD6.22bn.
MOE jumped into the case by first suggesting that EPNG may have improperly denied nominations by interruptible transportation (IT) shippers seeking to move additional gas to California.
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- Epoc Kernel Architecture
- EPOC Telephony Server
- Epoch (astronomy)
- Epoch (geology)
- Epoch (timekeeping)