[the_ad id="121217"]

popular articles

Spire to acquire MoGas and Omega pipeline networks

Spire Inc. expands its natural gas footprint with the acquisition of MoGas Pipeline and Omega Pipeline. This $175 million transaction strengthens Spire's position as an industry leader, enabling it to expand its network of pipelines and distribution systems.

Please share:

Spire Inc. (NYSE: SR) announces that it has entered into an agreement to acquire MoGas Pipeline (MoGas), an interstate natural gas pipeline, and Omega Pipeline (Omega), a connected gas distribution system, from CorEnergy Infrastructure Trust, Inc. (NYSE: CORR), for $175 million, subject to the usual working capital adjustments and other closings.

Over 330 miles of gas pipelines

The transaction is expected to close in Spire’s fourth fiscal quarter, subject to Hart-Scott-Rodino review and customary closing conditions. MoGas owns and operates approximately 263 miles of interstate natural gas pipelines, mainly in Missouri, and is regulated by the Federal Energy Regulatory Commission. MoGas is interconnected with the Spire STL pipeline and other regional pipelines to supply gas to Spire Missouri’s growing customer base in St. Louis, Missouri counties. Charles, Franklin and western St. Charles County. Louis, as well as other utility, municipal, industrial and commercial customers. Omega owns and operates an approximately 75-mile natural gas distribution system in Fort Leonard Wood, in south-central Missouri, and is interconnected with the MoGas system.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Baker Hughes will supply Petrobras with 77 km of flexible pipes to develop oil and gas reserves in the Santos Basin, a strategic area off Brazil's coast. This partnership strengthens Brazil's energy autonomy.
Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.
Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.
With increasing sanctions against Russian LNG, an evasion ecosystem is emerging in various global hubs, fostering transactions in local currencies and a parallel trade network.
With increasing sanctions against Russian LNG, an evasion ecosystem is emerging in various global hubs, fostering transactions in local currencies and a parallel trade network.
Ukraine on the Verge of Winter: Insufficient Gas Reserves Face Consumption Challenges
Ukraine on the Verge of Winter: Insufficient Gas Reserves Face Consumption Challenges
[the_ad id="121209"]
[the_ad id="121211"]
Turkmenistan is intensifying efforts to extinguish the burning Darvaza crater, a major source of methane emissions for 50 years, strengthening its environmental policy against climate change.
GTT's revenue reached 465 million euros in the first nine months of 2024, up 54.9%. This growth is driven by strong LNG demand, fueling orders for LNG carriers to meet global needs.
GTT's revenue reached 465 million euros in the first nine months of 2024, up 54.9%. This growth is driven by strong LNG demand, fueling orders for LNG carriers to meet global needs.
France: CGT warns of 2,200 job cuts at GRDF by 2028
France: CGT warns of 2,200 job cuts at GRDF by 2028
Shell Energy acquires a 609 MW combined-cycle power plant in the ISO New England energy market, further strengthening its position in the U.S. gas and electricity sector.
Shell Energy acquires a 609 MW combined-cycle power plant in the ISO New England energy market, further strengthening its position in the U.S. gas and electricity sector.
[the_ad id="121213"]
[the_ad id="121214"]
Germany's SEFE has concluded a gas purchase deal with U.S. company ConocoPhillips for the delivery of 9 billion cubic meters of gas over 10 years, as part of a new business partnership.
France assures it has the necessary infrastructures to meet its gas needs this winter while supporting its European neighbors, despite potential drops in temperatures.
France assures it has the necessary infrastructures to meet its gas needs this winter while supporting its European neighbors, despite potential drops in temperatures.
Singapore launches a new liquefied natural gas (LNG) terminal of 5 million tons per year at Jurong Port. This floating facility enhances flexibility and strengthens the country's energy supply.
Singapore launches a new liquefied natural gas (LNG) terminal of 5 million tons per year at Jurong Port. This floating facility enhances flexibility and strengthens the country's energy supply.
LNG Freight Rates Hit Multiyear Lows Amid Weak Demand
LNG Freight Rates Hit Multiyear Lows Amid Weak Demand
The Matterhorn Express pipeline, inaugurated in September 2024, revolutionizes natural gas transportation in the Permian Basin, enhancing producers' profitability and stabilizing gas prices at the Waha hub.
Iraq, among the largest emitters of flaring, is seeking to attract Western investors to develop its gas sector and decrease harmful emissions.
Iraq, among the largest emitters of flaring, is seeking to attract Western investors to develop its gas sector and decrease harmful emissions.
Faced with a shortage of gasoil affecting service stations in its central provinces, Iraq is turning to Kazakhstan to obtain 20 million cubic meters of natural gas to stabilize its energy supply.
Faced with a shortage of gasoil affecting service stations in its central provinces, Iraq is turning to Kazakhstan to obtain 20 million cubic meters of natural gas to stabilize its energy supply.
Venture Global LNG informs Edison SpA of a delay in deliveries until April 2025, resulting in significant financial and contractual repercussions for both parties.
Venture Global LNG informs Edison SpA of a delay in deliveries until April 2025, resulting in significant financial and contractual repercussions for both parties.
[the_ad id="121219"]
On October 15, the Energos Princess carrier unloaded at the Gate terminal in the Netherlands the first shipment of liquefied natural gas (LNG) exported by Mexico to Europe, marking a significant milestone in the energy sector.
OX2 has acquired its first onshore wind power project in Australia, planning a capacity of 1 GW and integrating a battery energy storage system. Located north of Perth, this project marks a key milestone in the company's expansion in the Australian market.
OX2 has acquired its first onshore wind power project in Australia, planning a capacity of 1 GW and integrating a battery energy storage system. Located north of Perth, this project marks a key milestone in the company's expansion in the Australian market.
The energy ministries of Israel and Cyprus are discussing a historic agreement for the export of natural gas, marking the first sale of Israeli gas in Europe via a pipeline.
The energy ministries of Israel and Cyprus are discussing a historic agreement for the export of natural gas, marking the first sale of Israeli gas in Europe via a pipeline.
North West Shelf condensate cargoes in Australia scheduled for December are valued lower as end-users reduce orders due to weak petrochemical margins.
North West Shelf condensate cargoes in Australia scheduled for December are valued lower as end-users reduce orders due to weak petrochemical margins.
Hiroshima Gas builds two LPG tanks for lean LNG
The CGT of GRDF denounces the extension of the lifespan of gas pipelines from 45 to 100 years, highlighting security risks and controversial economic motivations.
The CGT of GRDF denounces the extension of the lifespan of gas pipelines from 45 to 100 years, highlighting security risks and controversial economic motivations.
Iberdrola to Double UK Energy Investment to GBP24 Billion
Iberdrola to Double UK Energy Investment to GBP24 Billion
Thailand’s Gulf Energy is considering a contract for seven LNG cargoes per year for 2025-2026. Current offers are linked to JKM with a spread of 20-30 cents/MMBtu, in line with other similar Thai contracts.
Thailand’s Gulf Energy is considering a contract for seven LNG cargoes per year for 2025-2026. Current offers are linked to JKM with a spread of 20-30 cents/MMBtu, in line with other similar Thai contracts.

Advertising