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The Sponsors of the Commonwealth Pipeline Project Announce the Execution of Binding Precedent Agreements with Anchor Shippers
Inergy Midstream, L.P. (NYSE: NRGM); UGI Energy Services, Inc., a wholly-owned subsidiary of UGI Corporation (NYSE: UGI); and Capitol Energy Ventures Corp., a wholly-owned subsidiary of WGL Holdings, Inc. (NYSE: WGL), today announced that UGI Energy Services, Inc. and Capitol Energy Ventures Corp. have each executed binding precedent agreements for firm transportation capacity on the Commonwealth Pipeline. These anchor shippers have agreed to purchase firm transportation capacity on the Commonwealth Pipeline for a ten-year period at negotiated rates, upon and subject to the terms and conditions set forth in the precedent agreements.

date.png20 Sep 2012 18:08 | comments.png 0 Comments | tags.png gas inergy n-america pipeline ugi usa [ More ]

UGI Announces Acquisition of European LPG Businesses
UGI Corporation (NYSE: UGI) today reported that it has acquired Shell's liquefied petroleum gas (LPG) distribution businesses in the United Kingdom, Belgium, the Netherlands, Luxembourg, Denmark, Finland, Norway and Sweden. Due to the confidentiality provisions of the purchase agreement, terms of the transaction were not disclosed. The acquired businesses delivered approximately 300 million gallons of LPG in 2010, the addition of which will expand the scale of UGI's European LPG business to over 700 million gallons.

date.png17 Oct 2011 08:44 | comments.png 0 Comments | tags.png deals europe lpg shell ugi [ More ]
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