Inergy LP
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| Kansas City, MO-based '''Inergy LP''' (NASDAQ: NRGY) is a large propane marketing and distribution company serving customers in the mid-West and East Coast of the United States. Among other related activities, Inergy operates a natural gas storage business that has been mentioned as favorably positioned in [[Pennsylvania]] and [[New York]] for storing gas coming from the [[Marcellus shale]] formation. | Kansas City, MO-based '''Inergy LP''' (NASDAQ: NRGY) is a large propane marketing and distribution company serving customers in the mid-West and East Coast of the United States. Among other related activities, Inergy operates a natural gas storage business that has been mentioned as favorably positioned in [[Pennsylvania]] and [[New York]] for storing gas coming from the [[Marcellus shale]] formation. | ||
| - | In August, 2008 ''Inergy Midstream, LLC'', a 100% owned subsidiary of Inergy LP, was in the process of developing the 43 mile ''Marc I Hub Line'', a 24 inch pipeline connecting an Inergy lateral pipeline off [[Tennessee Gas Pipeline|The Tennessee Gas Pipeline's]] 300 Line and [[Williams Transco|Transco's]] Leidy Line. Both interstate lines cut through [[Bradford|Bradford County]], PA where this Inergy interconect is located. | + | In August, 2008 ''Inergy Midstream, LLC'', a 100% owned subsidiary of Inergy LP, was in the process of developing the 43 mile ''Marc I Hub Line'', a 24 inch pipeline connecting an Inergy lateral pipeline off [[Tennessee Gas Pipeline|The Tennessee Gas Pipeline's]] 300 Line and [[Williams Transco|Transco's]] Leidy Line. Both of these two interstate lines cut through [[Bradford|Bradford County]], PA where this Inergy interconect is located. |
| The CEO was quoted as saying that Inergy's goal is to: | The CEO was quoted as saying that Inergy's goal is to: | ||
Revision as of 03:07, 19 May 2009
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Kansas City, MO-based Inergy LP (NASDAQ: NRGY) is a large propane marketing and distribution company serving customers in the mid-West and East Coast of the United States. Among other related activities, Inergy operates a natural gas storage business that has been mentioned as favorably positioned in Pennsylvania and New York for storing gas coming from the Marcellus shale formation.
In August, 2008 Inergy Midstream, LLC, a 100% owned subsidiary of Inergy LP, was in the process of developing the 43 mile Marc I Hub Line, a 24 inch pipeline connecting an Inergy lateral pipeline off The Tennessee Gas Pipeline's 300 Line and Transco's Leidy Line. Both of these two interstate lines cut through Bradford County, PA where this Inergy interconect is located.
The CEO was quoted as saying that Inergy's goal is to:
"...create an integrated Northeast gas infrastructure hub utilizing our existing 40 miles of pipeline and nearly 40 Bcf of gas storage capacity that with the construction of the 43 mile Marc I Hub Line, is strategically connected to Transco, TGP, and the Millennium pipelines."
John Sherman is Inergy's President and CEO.
