U.S. households that heat primarily with propane will see higher bills this winter, says the U.S. Energy Information Administration.
That is because there will likely be a stronger heating demand and because propane prices are higher, Kallanish Energy reports.
Most U.S. households can expect higher heating bills this winter (October through March) than the last two winters, according to the Energy Information Administration’s just-released Winter Fuels Outlook.
Houston-based midstreamer American Midstream Partners said today it has finalized the $170 million all-cash sale of its propane marketing and services business to Netherlands-based SHV Energy N.V.
Natural gas processing capacity in the Appalachian Basin has grown exponentially in the last seven years, and is key to increasing natural gas and natural gas liquids production in the basin, the Energy Information Administration states.
Saudi Arabia state-run oil and gas company, Saudi Aramco, said on Thursday it has set its July contract price for propane at $345 a tonne – which is $40 lower than its June prices, Kallanish Energy learns.
The $2 billion Nexus natural gas pipeline might be in service in fourth quarter 2017, if the Federal Energy Regulatory Commission gets its new members approved by the U.S. Senate and they quickly approve the project, said James Grech, president of Nexus Gas Transmission.
Dutch company Royal Vopak, which bills itself as the world’s leading independent tank storage company, and Canadian infrastructure company AltaGas have formed a joint venture to develop the Ridley Island Propane Export Terminal (RIPET) in Canada.