Kinder Morgan agrees to acquire STX Midstream for $1.8Bln to boost pipelines holdings and capacity in Texas
Kinder Morgan Inc. (KMI), the leading US pipeline feed-gas company for liquefied natural gas plants and a key energy infrastructure operator and developer, said it agreed to acquire STX Midstream, the South Texas unit of NextEra Energy Partners, for $1.815 billion.
US freeze-up affects local natural gas and global oil but LNG values rise along with worldwide liftings
Worldwide liquefied natural gas export plants increased their overall liftings, apart from in the US where the markets were affected locally for natural gas and globally for oil by freezing weather causing power outages that hit US output, while North Asia spot LNG prices rose on firm demand.
Sempra gets US permits to receive feed-gas at Mexican Costa Azul plant and re-export as LNG
Sempra Energy, the developer of two US export projects and a third in Mexico, said it received authorizations from the US Department of Energy to export US-produced pipeline natural gas to Mexico and to re-export it as LNG to countries that do not have a free-trade agreement with the US.
Mexican government puts contract pressures on projects set to supply US pipeline natural gas
The Mexican Federal Electricity Commission (CFE) plans to renegotiate contracts with North American pipeline developers such as TransCanada Corp. and a subsidiary of US utility Sempra Energy as it attempts to downgrade pipeline natural gas and LNG and to use other fuels to meet increasing power demand.
