Portland Natural Gas Transmission System
Company Summary
Description
Portland Natural Gas Transmission System (PNGTS) is a high-capacity, high-pressure interstate natural gas pipeline which began serving New England's growing energy needs on March 10, 1999. The system is co-owned by TC Pipelines (61.71%) and Gaz Metro through Northern New England Investment (38.29%).Website
http://www.pngts.comRelated Entities
Recent news
- 5/8/2019 - TC Pipelines Signs... (subscriber access)
- 5/8/2019 - TC Pipelines Expecting... (subscriber access)
- 11/6/2017 - Portland XPress to be Phased Online Starting in Late 2018
- 6/1/2017 - TC Pipelines Closes on Iroquis & PNGTS Acquisition
- 5/4/2017 - TransCanada Selling... (subscriber access)
Company Transactions
Date: 6/1/2017
Type: Acquisition
BUYERS:
TC PipeLines, LP
SELLERS:
TC Energy Corporation
Iroquois Gas Transmission System, LP.
Portland Natural Gas Transmission System
DETAILS:
COST: 765 $MM
NOTES:
TransCanada will sell 49.3% stake in the Iroquois Gas Transmission System and remaining 11.8% interest in Portland Natural Gas Transmission System (PNGTS) to TC Pipeline LP.
TransCanada will sell 49.3% stake in the Iroquois Gas Transmission System and remaining 11.8% interest in Portland Natural Gas Transmission System (PNGTS) to TC Pipeline LP.
REGIONS:
Northeast
News & Press Releases
Criterion News
- 5/8/2019 - TC Pipelines Signs... (subscriber access)
- 5/8/2019 - TC Pipelines Expecting... (subscriber access)
- 11/6/2017 - Portland XPress to be Phased Online Starting in Late 2018
- 6/1/2017 - TC Pipelines Closes on Iroquis & PNGTS Acquisition
- 5/4/2017 - TransCanada Selling... (subscriber access)
- 6/16/2016 - Continent to Coast... (subscriber access)
Projects & Assets
Direct Assets
Related Assets
Portland Natural Gas Transmission System
Portland Natural Gas Transmission System (PNGTS) (subscriber access)
Portland Natural Gas Transmission System (PNGTS) (subscriber access)
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IEnova Infraestructura Energetica
Texas - Tuxpan (Marine) Pipeline (Sur de Texas) (subscriber access)
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Direct Projects
Continent to Coast Expansion (C2C) (subscriber access)Status: (subscriber access)
PNGTS Capacity Expansion (subscriber access)
Status: (subscriber access)
Portland XPress Project (subscriber access)
Status: (subscriber access)
Westbrook XPress (subscriber access)
Status: (subscriber access)
Westbrook XPress Phase 2 (subscriber access)
Status: (subscriber access)
Westbrook XPress Phase 3 (subscriber access)
Status: (subscriber access)
Portland Xpress Project Phase 2 (subscriber access)
Status: (subscriber access)
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