The new facilities will receive sweet natural gas, remove water and hydrocarbons, chill and compress the gas to meet transmission pipeline requirements and recover NGL from the gas streams.
Hearing board of South Coast Air Quality Management District scheduled a fourth meeting for Jan. 23 to take more testimony on plan to siphon off and incinerate methane, Reuters said.
Environmental groups noted Obama's pledge comes as his administration works on a new five-year plan for offshore oil and gas leases.
The approved export point is at the outlet of the loading arm of the natural gas liquefaction terminal that will be built near Kitimat, British Columbia.
The seller and terms of the transaction weren't disclosed. The replacement value of the assets has been estimated at about C$200 million, according to the release.
Previously, capacity was16,500 barrels per hour. New refrigeration train increased loading capabilities to 16 million barrels per month from 9 million. This is equal to about 29 vessels per month.
North Dakota producers also were able to raise output, in part, because of new natural gas collection equipment coming online from Oneok Inc. and others.
Phillips 66 (NYSE: PSX) has begun operations at its new 100,000 barrels per day (bbl/d) natural gas liquids (NGL) fractionator located at the company's Sweeny Complex in Old Ocean, Texas.
The biggest decline was expected to be in the Marcellus region in Pennsylvania and West Virginia, down 0.2 Bcf/d to a forecast 15.5 Bcf/d in January 2016.
The Tower rich gas processing complex has been sanctioned by the Cutbank Ridge Partnership, a collaboration between Veresen, Encana Corp. and a subsidiary of Mitsubishi Corp.
The headwinds facing natural gas prices have been known for months, but they came to a head this past week with the mild temperatures with the likelihood that storage levels will continue to build much later than normal.
The offer values Targa Resources Partners at $36.09 per share, and represents a premium of 18.4% to the stock's closing price on Nov. 2, according to Reuters' calculations.