Edit ModuleShow Tags

Crosstex to Acquire Louisiana Intrastate Gas Co.


Published:

Crosstex Energy L.P., a Texas-based midstream natural gas company, has executed a definitive agreement for the acquisition of the LIG Pipeline Company and its subsidiaries (LIG Inc., Louisiana Intrastate Gas Company, L.L.C., LIG Chemical Company, LIG Liquids Company, L.L.C. and Tuscaloosa Pipeline Company) from American Electric Power for $76.2 million. The acquisition will increase Crosstex's assets to approximately 4,500 miles of pipeline, 1.2 bcfd of transported volumes and over 700 MMcfd day of processing capacity.

Edit ModuleShow Tags

Archive »Archive »

MAN Diesel & Turbo Invests In The Middle East

Atlas Copco Acquires Kohler Druckluft

Atlas Copco has acquired the compressor business of Kohler Druckluft, with operations in Austria, Switzerland and Liechtenstein.

Atlas Copco Extends ZH, ZH+ Compressor Range

Atlas Copco’s range of ZH and ZH+ oil-free centrifugal compressors has expanded to provide a wider range of flows and pressures to industrial process plants.

EPA Issues New Methane Rules

The U.S. Environmental Protection Agency (EPA) has announced the adoption of new final rules regulating methane emissions related to the oil & gas industry.

Gas Malaysia Plans Pipeline Expansion

Gas Malaysia plans to expands its natural gas network by adding up to 100 km of gas pipelines, a project that would cost between US$32.3 to US$34.8 million.