Louisiana Intrastate Gas (LIG) Pipeline
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Louisiana Intrastate Gas (LIG) Pipeline is a natural gas pipeline in Louisiana.[1]
Location
The pipeline runs from Cotton Valley, Louisiana, to New Orleans, Louisiana.
Project Details
- Operator: Louisiana Intrastate Gas Co.
- Owner: EnLink Midstream
- Parent Company: EnLink Midstream LLC[2]
- Current capacity: 700 Million cubic feet per day[3]
- Length: 2000 miles / 3219 km[4]
- Status: Operating
- Start Year: 1985
Background
LIG, which is one of the largest intrastate pipelines in the state of Louisiana, consists of approximately 2000 miles of gas gathering and transmission systems located in 29 parishes extending from northwest and north-central Louisiana through the center of the state to south and southeast Louisiana. Current on-system market of approximately 580,000 mmbtu/d includes power plants, municipal gas systems, and industrial markets located principally in the industrial corridor between New Orleans and Baton Rouge. Processing plants owned by LIG give the system the capability to handle rich and lean gas supplies connected to the system. Connections to several interconnected pipelines and the Jefferson Island Storage facility provide access to additional system supply. [5]
A 1985 article reported that Tenneco Inc. purchased LIG among other natural gas holdings from Goodyear Tire and Rubber Co for about $500 million.[6] In June 1989, it was reported that an investor resold LIG to Arkla Inc. for $170 million, which they had bought from Tenneco Inc. three months ago.[7] Equitable Resources acquired LIG from Arkla, Inc. for $190 million.[8] On December 02, 1998, American Electric Power (AEP)acquired LIG from Equitable Resources. In February 2004, AEP announced the sale of Louisiana Intrastate Gas Pipeline Co and its subsidiaries to EnLink Midstream Partners LP, formerly Crosstex Energy LP for $76.2 million.[4][9][3]
Articles and resources
References
- ↑ Louisiana Intrastate Gas (LIG) Pipeline , A Barrel Full, accessed September 2017
- ↑ "Business Information regarding EnLink Midstream Partners, LP". U.S. Securities & Exchange Commission. Retrieved 25 August, 2023.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ 3.0 3.1 "Crosstex to acquire Louisiana Intrastate Gas Company from AEP". Enlink. 17 February, 2004. Retrieved 25 August, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ 4.0 4.1 "AEP sells Louisiana Intrastate Gas Pipeline assets as part of plan to divest non-core holdings". Retrieved 2023-08-25.
- ↑ "CROSSTEX COMPLETES ACQUISITION OF LOUISIANA INTRASTATE GAS COMPANY" EnLink accessed January 2018
- ↑ "Tenneco to buy gas pipelines". The New York Times. 19 June, 1985. Retrieved 25 August, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ "Louisiana Intrastate Gas resold for $170 million". UPI. 06 June, 1989. Retrieved 25 August, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ "Profile of Intrastate Gas Pipelines" (PDF). INGAA Foundation. 10 August, 1993. Retrieved 25 August, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ "Crosstex Energy buys LIG Pipeline Co. for $76.2 million". Oil & Gas Journal. 09 April, 2004. Retrieved 25 August, 2023.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link)
