Plaquemines LNG boost
April 5 (LNGJ) - Enbridge Inc., the Canadian pipelines company, said its Texas Eastern Transmission subsidiary had received approvals from the US Federal Energy Regulatory Commission to commence service of a natural gas pipeline associated with its Venice extension LNG feed-gas project in Louisiana.
The Venice extension was designed to supply feed gas to Venture Global LNG's Plaquemines export plant currently under construction on the banks of the Mississippi River south of New Orleans. The FERC said it granted Texas Eastern Transmission’s request to commence service on the 3-mile (4.8km), 36-inch Venice extension pipeline with capacity of around 1.3 billion cubic feet per day.
US and Canadian pipeline gas and liquids distributor Enbridge swings to quarterly profit and annual earnings soar
Enbridge Inc, the Canadian-based pipelines and energy company, swung to a fourth-quarter profit from a previous loss and more than doubled annual profits as pipeline natural gas and liquids distributions increased amid the purchase of a gas utilities portfolio.
