Nat Gas News July 14, 2017

By Published On: July 14, 2017Categories: Daily Natural Gas Newsletter

Nat Gas News July 14, 2017

PSC approves sale of Delta Natural Gas to PNG

Lane Report reports: The Kentucky Public Service Commission (PSC) has approved the sale of Delta Natural Gas Co. to PNG Companies LLC. Delta is headquartered in Winchester and serves about 39,000 customers in 23 counties in Eastern and Central Kentucky. It is the smallest of Kentucky’s five major local natural gas distribution companies. PNG, which is based in Pittsburgh, distributes gas to about 700,000 customers through its systems in Pennsylvania, West Virginia and Kentucky. It currently operates People’s Gas KY, a farm tap system serving 2,950 customers in 10 eastern Kentucky counties. In their joint application, Delta and PNG stated that the acquisition should lead to improvements in service as Delta gains access to technology already in use at PNG. As a much larger company, PNG’s proven ability to attract investment capital should benefit Delta and its customers, the PSC said in today’s order.

New studies reinforce importance of natural gas for clean energy future

Penn Energy reports: The advent of more efficient and affordable clean energy in recent years has left natural gas with an unwarranted bad reputation. However, a series of new studies, led by research at the University of Texas, Austin, could help create greater public awareness around the surprising truth of this energy source: gas-fired energy is one of the most realistic hopes for a successful Clean Energy Plan moving forward. Because of these studies, many energy industry insiders are expecting a surge in gas-fired power generation and the creation of new technologies to support that growth.

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