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AltaGas Ltd T.ALA

Alternate Symbol(s):  ATGFF | T.ALA.PR.A | ATGPF | T.ALA.PR.B | T.ALA.PR.G | ATGAF

AltaGas Ltd. is a Canada-based energy infrastructure company that connects natural gas and natural gas liquids (NGLs) to domestic and global markets. The Company’s segments include Utilities and Midstream. Its Utilities segment owns and operates franchised, rate-regulated natural gas distribution and storage utilities, which includes four utilities that operate across five United States jurisdictions. It Utilities segment also includes storage facilities and contracts for interstate natural gas transportation and storage services, as well as the affiliated retail energy marketing business. Its Midstream segment includes global exports, which includes its two LPG export terminals; natural gas gathering and extraction, and fractionation and liquids handling. Its Midstream segment also consists of natural gas and NGL marketing business, domestic logistics, trucking and rail terminals, and liquid storage capability. Its subsidiaries include Wrangler 1 LLC, WGL Holdings, Inc. and others.


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Post by TimeBuilderon Jun 30, 2023 2:13pm
286 Views
Post# 35522696

Update = Repeat ;>O

Update = Repeat ;>O

Mountain Valley pipeline gets FERC authorization to resume construction

June 28 (Reuters) - U.S. energy company Equitrans Midstream Corp's long-delayed $6.6 billion Mountain Valley natural gas pipeline received authorization on Wednesday from the country's energy regulator to restart construction of the project.

"Mountain Valley has all necessary authorizations for the Mountain Valley Pipeline Project, ... therefore authorized to proceed with all remaining construction associated with the project," the U.S. Federal Energy Regulatory Commission (FERC) said.

FERC had suspended work on Mountain Valley, a pipeline from West Virginia to Virginia, due to litigation over the project's Biological Opinion from the U.S. Fish and Wildlife Service, which allows construction in areas inhabited by endangered and threatened species.

Mountain Valley is one of several U.S. oil and gas pipelines delayed by regulatory and legal fights with environmental and local groups that found problems with federal permits issued by the Trump administration.

Mountain Valley is owned by units of Equitrans, NextEra Energy Inc, Consolidated Edison Inc, AltaGas Ltd and RGC Resources Inc.

(Reporting by Akanksha Khushi in Bengaluru; Editing by Leslie Adler)


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