Natural gas pipeline news
ICIS 1Q25 LNG market report: reasons for market volatility
The 1Q25 LNG market was heavily influenced by political developments, including halted Russian pipeline flows to Europe.
Kinder Morgan: first quarter 2025 financial results and project update
Approves cash dividend of US$0.2925 per share (US$1.17 annualised); added US$900 million to project backlog; and closed US$640 million Outrigger acquisition.
Energy Transfer signs agreement with MidOcean Energy to jointly develop its Lake Charles LNG export facility
The agreement provides that MidOcean Energy will have the option to arrange for gas supply for its share of LNG production and that MidOcean will commit to long-term gas transportation on Energy Transfer pipelines.
Traverse Pipeline reaches final investment decision to transport natural gas between Agua Dulce and the Katy area
WhiteWater has announced it and its partners have reached a final investment decision to move forward with the construction of the Traverse Pipeline.
Phillips 66 completes acquisition of EPIC NGL
Phillips 66 has announced the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul natural gas liquids pipelines, fractionation facilities and distribution systems (EPIC NGL) for total cash consideration of approximately US$2.2 billion.
Kinder Morgan closes on US$640 million acquisition of a natural gas gathering and processing system from Outrigger Energy II
The acquisition includes a processing facility and a 104 mile, large-diameter, high-pressure rich gas gathering header pipeline connecting supplies from the Williston Basin area to high-demand markets.
Eni signs an agreement with Egypt and Cyprus for the development and export of Cyprus Block 6 gas through Egypt’s existing infrastructure
The President of the Arab Republic of Egypt Abdel Fattah El-Sisi and the President of the Republic of Cyprus Nikos Christodoulides presided the signing, which took place during the opening ceremony of EGYPES, an energy event in Egypt.
Energy Transfer and CloudBurst sign agreement for natural gas supply to data centre project in Central Texas
The agreement calls for Energy Transfer’s Oasis Pipeline, LP to provide up to 450 000 million Btu/d of firm natural gas supply to CloudBurst’s Next-Gen Data Center campus outside of San Marcos, Texas, subject to CloudBurst reaching a final investment decision (FID) with its customer.
Lunate to acquire a minority stake in ADNOC gas pipelines from Snam
Lunate, an Abu Dhabi based global alternative investment manager with US$105 billion in assets under management, announced it is to acquire a minority stake in ADNOC Gas Pipelines that is indirectly held by Snam, Europe’s leading gas infrastructure operator.
Five countries sign joint declaration of intent to continue work on southern hydrogen corridor
Italy, Germany, Austria, Algeria and Tunisia have signed a joint declaration of intent in Rome on the Southern Hydrogen Corridor, an infrastructure project to transport renewable hydrogen for over 3300 km from North Africa to Italy, Austria and Germany.