Page 12 - NorthAmOil Week 50 2021

NorthAmOil NEWS IN BRIEF NorthAmOil

approximately $5.6bn in available cash Kinder Morgan, today filed with the Federal this service is expected to be available in the
through 2023 and over $10bn through 2026 Energy Regulatory Commission (FERC) a first quarter of 2022.
we have ample flexibility to achieve both proposal to implement a responsibly sourced “We are pleased that TGP is the first
our debt reduction goals and execute capital natural gas (RSG) supply aggregation pooling pipeline system to offer this RSG supply
return initiatives in any price environment. service at select locations across the TGP aggregation pooling service,” said TGP’s vice
We are excited to announce the next step in system. president of commercial Ernesto Ochoa.
our evolution as we establish the groundwork RSG is third-party certified natural gas “We believe this lower methane intensity
for a long-term capital returns program to that meets certain environmental, social and fuel is an essential component of the energy
maximise shareholder value creation.” governance standards, particularly related to transition, and TGP is uniquely positioned
EQT, December 13, 2021 methane emission reductions. The proposed to be the transporter of choice because of its
service is designed to enable suppliers and connectivity to key basins and end-users. We
customers on TGP to purchase and sell RSG are excited to continue to work with current
ENERGY TRANSITION supply at non-physical trading locations, and future customers to encourage the
ultimately serving end-users, utilities, power delivery of RSG supply into our systems and
Tennessee Gas Pipeline plants and LNG facilities connected to the pursue new ways to facilitate the availability of
these molecules to the market.”
TGP system.
announces new responsibly RSG certifications from qualified third-party TENNESSEE GAS PIPELINE, December 15,
Producers who have already obtained
2021
sourced natural gas supply organisations are anticipated to supply the
RSG needed for the proposed pooling service,
aggregation pooling service and the supply is expected to grow as RSG
becomes the fuel of choice among customers.
Tennessee Gas Pipeline (TGP), a subsidiary of Pending regulatory approval from the FERC,

P12 www. NEWSBASE .com Week 50 16•December•2021