AGL 34.48 Decreased By ▼ -0.72 (-2.05%)
AIRLINK 132.50 Increased By ▲ 9.27 (7.52%)
BOP 5.16 Increased By ▲ 0.12 (2.38%)
CNERGY 3.83 Decreased By ▼ -0.08 (-2.05%)
DCL 8.10 Decreased By ▼ -0.05 (-0.61%)
DFML 45.30 Increased By ▲ 1.08 (2.44%)
DGKC 75.90 Increased By ▲ 1.55 (2.08%)
FCCL 24.85 Increased By ▲ 0.38 (1.55%)
FFBL 44.18 Decreased By ▼ -4.02 (-8.34%)
FFL 8.80 Increased By ▲ 0.02 (0.23%)
HUBC 144.00 Decreased By ▼ -1.85 (-1.27%)
HUMNL 10.52 Decreased By ▼ -0.33 (-3.04%)
KEL 4.00 No Change ▼ 0.00 (0%)
KOSM 7.74 Decreased By ▼ -0.26 (-3.25%)
MLCF 33.25 Increased By ▲ 0.45 (1.37%)
NBP 56.50 Decreased By ▼ -0.65 (-1.14%)
OGDC 141.00 Decreased By ▼ -4.35 (-2.99%)
PAEL 25.70 Decreased By ▼ -0.05 (-0.19%)
PIBTL 5.74 Decreased By ▼ -0.02 (-0.35%)
PPL 112.74 Decreased By ▼ -4.06 (-3.48%)
PRL 24.08 Increased By ▲ 0.08 (0.33%)
PTC 11.19 Increased By ▲ 0.14 (1.27%)
SEARL 58.50 Increased By ▲ 0.09 (0.15%)
TELE 7.42 Decreased By ▼ -0.07 (-0.93%)
TOMCL 41.00 Decreased By ▼ -0.10 (-0.24%)
TPLP 8.23 Decreased By ▼ -0.08 (-0.96%)
TREET 15.14 Decreased By ▼ -0.06 (-0.39%)
TRG 56.10 Increased By ▲ 0.90 (1.63%)
UNITY 27.70 Decreased By ▼ -0.15 (-0.54%)
WTL 1.31 Decreased By ▼ -0.03 (-2.24%)
BR100 8,605 Increased By 33.2 (0.39%)
BR30 26,904 Decreased By -371.6 (-1.36%)
KSE100 82,074 Increased By 615.2 (0.76%)
KSE30 26,034 Increased By 234.5 (0.91%)

US federal energy regulators on Thursday approved Energy Transfer Partners LP's (ETP) request to commence service on a couple more segments of its Rover natural gas pipeline in Ohio. The US Federal Energy Regulatory Commission (FERC) authorized ETP to start service on the Supply Connector in Ohio and parts of Mainline B, which is a 42-inch (107-cm) pipe that runs alongside the 42-inch Mainline A pipe from southeast Ohio to northwest Ohio.
FERC, however, said it was still considering ETP's request to start service on other pipeline segments, including the Burgettstown Lateral from Pennsylvania to Ohio and the Majorsville Lateral from West Virginia to Ohio. FERC said it granted the authorization to start service on the Supply Header and Mainline B on the expectation that "rehabilitation and restoration of the affected areas are generally proceeding satisfactorily."
At this time, final restoration of the Supply Header and Mainline B is over 90 percent complete, FERC said, noting that ETP has estimated it will complete full restoration by July 24. ETP said on Wednesday that placing all of the requested segments into service would have unlocked about 0.85 billion cubic feet per day (bcfd) of capacity that is not currently available to the market, which the company said could help offset the nation's current storage deficit before next winter.
That deficit stands at over 500 billion cubic feet below the five-year average. One billion cubic feet is enough gas to supply about 5 million US homes for a day. The $4.2 billion Rover project is the biggest gas pipeline project under construction in the United States. It is designed to carry up to 3.25 bcfd of gas from the Marcellus and Utica shale fields in Pennsylvania, Ohio and West Virginia to the US Midwest and Gulf Coast and Ontario in Canada.
ETP has said it wanted to put the entire Rover project into service by June 1. The Rover pipeline, which has been entering service in phases as ETP completes each section, is already capable of transporting 1.7 bcfd across Ohio and into Michigan. Major producers that have signed up to use Rover include units of privately held Ascent Resources, Antero Resources Corp , Range Resources Corp, Southwestern Energy Co , Eclipse Resources Corp and EQT Corp.

Copyright Reuters, 2018

Comments

Comments are closed.