The start of gas exports via the Nord Stream 2 gas pipeline on the bed of the Baltic Sea would lead to a reduction in gas prices in Europe, Russian President Vladimir Putin was quoted by the local news agencies as saying on Dec. 24.
Ajay Bakshani, co-author of East Daley’s annual Dirty Little Secrets midstream outlook, discusses the expectations for $90 billion in free cash flow and why ‘midstream can really do it all in the next few years.’
“The renewed drop in flows to northwest Europe along one of three main pipelines coincides with both the start of linepacking of string 2 of Nord Stream 2, as well as unseasonably cold weather in Russia,” ICIS analysts said.
U.S. Senator Ted Cruz’s bill, which would impose measures on Russia’s Nord Stream 2 pipeline under previous mandates, will need 60 votes to pass.
Energy Transfer Partners and Rover have 30 days to respond to FERC’s show cause order over alleged violations during construction of a natural gas pipeline in Ohio.
Michigan ordered the pipeline to shut down by May this year, which Enbridge ignored, and the two sides are embroiled in a legal battle over Line 5’s fate.
Enterprise also increased capacity on its Acadian Haynesville Extension pipeline from 1.8 Bcf/d to 2.1 Bcf/d by increasing horsepower at the compressor station.
The Vopak Moda Houston terminal is the first greenfield terminal in the Port of Houston in more than a decade.
The 450-mile (724 km) Longhorn pipeline can transport up to 275,000 barrels per day (bbl/d) of crude from West Texas to Houston.