UGI Energy Services Commences Service on Two Marcellus Shale ...
Announced today the successful completion of two previously announced midstream projects.
UGIES completed its Union Dale Pipeline project consisting of approximately six miles of 12” pipeline and two interconnection facilities. The project is a direct link between abundant and locally produced natural gas supplied by Cabot Oil & Gas Corporation (“Cabot”) to the UGI Penn Natural Gas, Inc. (“UGI PNG”) distribution system. The project is capable of delivering 100,000 dekatherms per day directly into UGI PNG.
Additionally, UGIES completed phase one of a two-phase expansion of its Auburn Gathering System with the construction of three additional compressor units at its Manning Compressor Station in Wyoming County, Pennsylvania and a new interconnection facility. The completed project adds 50,000 dekatherms per day of capacity to UGI PNG and Transcontinental Gas Pipe Line Company. Construction of phase two, including the Auburn Loop project, is expected to commence in the spring of 2015 and will add 150,000 dekatherms per day. Cabot has executed a long-term agreement for the expansion capacity.
UGI Declares Common Dividend
- VALLEY FORGE, Pa., Jul 27, 2015 (BUSINESS WIRE) -- The Board of Directors of AmeriGas Propane, Inc., general partner of AmeriGas Partners, L.P. APU, +2.97% has declared a quarterly partnership distribution of $0.92 per limited partnership unit, payable
- VALLEY FORGE, Pa., Jul 28, 2015 (BUSINESS WIRE) -- The Board of Directors of UGI Corporation UGI, +0.67% has declared a quarterly dividend of $0.2275 per share on the company's common stock. The dividend is Through subsidiaries, UGI operates
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