photo sharing and upload picture albums photo forums search pictures popular photos photography help login
Topics >> by >> business_increasing_teppco_p

business_increasing_teppco_p Photos
Topic maintained by (see all topics)

Venture will ship an additional 500,000 barrels of gas on its TEPPCO pipeline in response to a prioritization order from the US Federal Energy Regulatory Commission, Venture claimed Monday in a notification to carriers.

FERC late Friday conjured up for the very first time in its history emergency situation powers under the Interstate Commerce Act to boost propane shipments from Texas to the Midwest and also Northeast, where continual cold has actually diminished supplies of the heating gas to precariously reduced levels (See tale, 1508 GMT). The National Propane Gas Association made the request.

TEPPCO is a refined items pipe that originates in the Gulf Shore and terminates in the Northeast. The pipe also has a lateral that takes product into the Chicago market.

Enterprise claimed that an additional 150,000 barrels of propane is being added to the present delivery cycle which the added volume must be infused into the pipeline late Monday or Tuesday.

Venture likewise said that an added 350,000 barrels of gas is being contributed to a new cycle. The 350,000 barrels on the brand-new cycle should be infused right into the pipeline by Thursday.

Venture has actually consented to make propane shipments a top priority with February 21, according to a FERC filing Monday afternoon.

Enterprise stated that the adjustment of batches will certainly influence polished product deliveries and that they expect hold-ups of 36-48 hrs.

The impact to the Chicago improved items market was expected to be minimal.

" molecular sieve manufacturer affect Chicago refined items since [TEPPCO] is all Gulf Coastline rates," a Chicago trader claimed. "Based upon present business economics, I would certainly not think any person would certainly be delivering refined items from the Gulf to Chicago. The only product that would make sense would be ULSD, however [TEPPCO] does not ship ULSD anymore, truly."

NGPA also had asked FERC to direct Venture to place reverse the Appalachia-to-Texas Express Pipe to permit the south-to-north transportation of gas "if required."

The line, which had actually been taking lp because direction last year, was turned around in December to relocate ethane southern.

"To my understanding, the ATEX line has not been reversed," said Molly Odell, a spokeswoman for the NGPA. A representative for Venture was not instantly available to comment.




has not yet selected any galleries for this topic.