Pipelines

Turkmenistan launches new gas pipeline

ASHGABAT, Turkmenistan (AP) — Turkmenistan has launched a new $2.5 billion natural gas pipeline that would boost the energy-rich nation's export capacity.

The 480-mile pipeline links gas fields in the east of the country to its Caspian Sea coast.

Landslide hits natgas pipeline supplying Hong Kong

Source: 
The Wall Street Journal

A pipeline bringing natural gas from Central Asia to eastern cities—including Hong Kong—was shut down after a landslide in Shenzen Sunday, but China National Petroleum Corp., denied reports there had been an explosion, The Wall Street Journal reports.

EU leaders say Russia-Germany gas line could break EU rules

BRUSSELS (AP) — European Union leaders raised objections on Friday to a massive new pipeline project that would pump natural gas directly from Russia to Germany, claiming that the scheme would break EU laws.

The Nord Stream 2 project would expand the current Nord Stream pipeline under the Baltic Sea which directly links Germany to natural gas reserves in Siberia.

Natgas pipeline to be major issue at EU summit

Source: 
The Wall Street Journal

Disagreement over Nord Stream 2, a pipeline proposed to bring Russian gas into Germany through the Baltic Sea, is expected to surface at Thursday’s summit of European Union leaders, The Wall Street Journal reports.

Financial woes confront firm behind New England gas pipeline

HARTFORD, Conn. (AP) — Kinder Morgan Inc., the energy giant proposing gas pipelines in Northeast that have drawn opposition, is weathering another challenge — financial woes linked to falling energy prices and a steep drop in its stock price forcing it to find new sources of capital.

The Houston-based company announced Tuesday a 75 percent cut in its quarterly dividend to 12.5 cents per share to conserve cash for financing portions of its expansion projects. In addition to a $3.3 billion pipeline through western Massachusetts and southern New Hampshire sought by a Kinder Morgan subsidiary, it's also proposing a Northeast pipeline network in Connecticut, Massachusetts, New Hampshire, New York and Pennsylvania.

Turkmenistan breaks ground on gas pipeline to Afghanistan

ASHGABAT, Turkmenistan (AP) — Leaders from Afghanistan, India and Pakistan have joined the president of Turkmenistan in breaking ground on a new pipeline intended to deliver natural gas from the energy-rich former Soviet republic to their three countries.

Turkmenistan is believed to have the world's fourth-largest gas reserves, but currently exports mainly to China.

Turkey may speed up building pipeline for Azerbaijani gas

BAKU, Azerbaijan (AP) — Turkey and Azerbaijan say they may speed up building a new natural gas pipeline, a statement that comes amid Turkey's bitter rift with Russia.

Turkish Prime Minister Ahmet Davutoglu said Thursday after talks in Baku with Azerbaijan's President Ilham Aliyev that the TANAP gas project could be completed before its original target, 2018. Aliyev said it would also serve to export Azerbaijan's gas further on to Europe.

Ayotte thumbs down for gas pipeline

Source: 
Union Leader

New Hampshire's Republican Sen. Kelly Ayotte and Democratic Rep. Ann McLane Kuster are opposing Kinder Morgan’s proposed Northeast Energy Direct pipeline project, with Ayotte promising to keep saying no unless she gets answers to what she describes as unanswered questions, the Union Leader reports.

Pipeline giant Kinder Morgan gets credit warning

Source: 
FuelFix

A day after Kinder Morgan moved to take half ownership of debt-ridden Natural Gas Pipeline Company of America, its credit outlook was shifted to negative by Moody’s, signaling a possible future downgrade, FuelFix reports.

FERC has full application for Northeast gas project

Source: 
E&E

The paperwork for the Northeast Energy Direct project—Kinder Morgan's $5 billion pipeline to move natural gas from the Marcellus Shale to the Northeast—has advanced from pre-filing to full application status at the Federal Energy Regulatory Commission, E&E reports.

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