Kinder Morgan updates Cochin tariffs

: LPG
15/05/27

Kinder Morgan will raise the propane and E/P mix tariffs on its Cochin pipeline on 1 July in accordance with the Federal Energy Regulatory Commission's (FERC) indexation system.

Most major liquids pipelines are tied to FERC's indexation system, which mandates a regulated yearly increase in tariffs. This year indexed tariffs will increase 4.58pc from 1 July 2015 to 30 June 2016. The increase is determined by the 2014 producer price index for finished goods.

The tariff for transporting propane from the US-Canada border near Maxbass, North Dakota, to the border near Detroit, Michigan, will increase by 0.557¢/USG to 12.72¢/USG; the tariff for transporting E/P mix from the Enterprise Product Partner's terminal near Iowa City, Iowa, to the US-Canada border near Detroit, Michigan, will increase by 1.135¢/USG to 25.909¢/USG.

Although Kinder Morgan ceased shipping the two products the Cochin line last April, the company plans to ship propane and E/P the eastern portion of the line again in 2018 when its Utopia East pipeline is completed.

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24/11/18

Brazil natural gas supplies diversifying

Rio de Janeiro, 18 November (Argus) — Supply in Brazil's growing natural gas market has diversified rapidly in recent months as domestic and international companies expand their foothold. Changes include a slew of new import authorizations granted by hydrocarbons regulator ANP in recent months. Last week alone, ANP authorizated up to 1.7mn m³/d of LNG imports, the 12th approval of the year, allowing as much as 3.8bn m³/yr (10.4mn m³/d) of LNG to reach Brazilian shores. US-based New Fortress Energy has led the pack, signing a bevy of new supply agreements from its regasification terminals in Barcarena port in northern Para state and the Terminal Gas Sul (TGS) in southern Santa Catarina state. New Fortress said it signed more than 45 trillion Btu/yr (860,000 t/yr) of downstream supply commitments across 15 buyers, with an average contract length of 18 years. The terminals emerged as important new destinations this year, with the Para terminal claming 2.2pc market share from January-October and the Santa Catarina terminal capturing about 0.5pc. On 8 November, ANP authorized New Fortress to import up to 1.7mn m³/d of LNG to be distributed by pipeline and small-scale means. It holds a 15mn m³/d import authorization for Barcarena and one for 146,000 m³/d of LNG from Bolivia by truck. Gas trading company Edge has also expanded LNG supply to Brazil. It began operating its TRSP regasification terminal in Sao Paulo earlier this year, catapulting Sao Paulo to a 6pc of share of Brazilian LNG imports in the first nine months of 2024 by selling nearly 1.27mn m³/d of gas. Edge sold 27mn m³ of gas to industrial clients from the terminal on the wholesale market in the third quarter. Shell is also looking to expand its Brazilian gas sales amid growing expectations of a boom in supply from its Vaca Muerta shale reserves in neighboring Argentina. Earlier this month it won authorization to import up to 8mn m³/d of gas by pipeline from Argentina and Bolivia. Shell is also assessing LNG exports from Argentina, which could include sales to Brazil. Shell is also planning to expand LNG imports through the Suape port in Pernambuco state next year. OnCorp expects to begin operating the 14mn m³/d LNG regasification terminal in the port, which Shell will use to supply clients in the region, including gas distributor Copergas. Other companies including Gas Bridge and Blueship are also eyeing LNG imports. Blueship is authorized to import through the port of Navegantes, in Santa Catarina, while Gas Bridge can import through state-controlled Petrobras' terminal in northeastern Bahia state. By Betina Moura Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

US inflation rises in October to 2.6pc

24/11/13

US inflation rises in October to 2.6pc

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Review delays Brazil's LPG assistance program

24/11/11

Review delays Brazil's LPG assistance program

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Poland's Azoty ramps up PDH/PP operations at Police

24/11/08

Poland's Azoty ramps up PDH/PP operations at Police

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Gatun Lake to reach all-time high in Dec: Panama Canal

24/11/08

Gatun Lake to reach all-time high in Dec: Panama Canal

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