LP Gas, July 2014
News Briefs Continued from page 9 customers from north Texas to south Arkansas as well as those in north and southwest Louisiana and southeast Texas Custom Vehicle Solutions now offers IMT equipment such as mechanics trucks telescopic cranes lube trucks and lube skids air compressors and articulating cranes The distributor also provides IMT parts and service HOS extensions process on verge of being streamlined The U S House of Representatives passed a bill clarifying that the Federal Motor Carrier Safety Administration FMCSA must accept hours of service extensions during emergencies a governor declares for up to two additional 30 day periods for a total of three periods If a state governor determines a propane shortage still exists after an initial 30 day period FMCSA would by law have to recognize up to two additional HOS extension periods Sen John Thune R S D first introduced the bill titled the Reliable Home Heating Act The bill passed the Senate unanimously in May Now the bill awaits the presidents signature Women in Propane events upcoming The National Propane Gas Associations NPGA Women in Propane Council WiP will participate in an open house Aug 21 at Bergquist in Bowling Green Ky WiP will also take part Oct 26 28 at NPGAs fall board meeting in Miami The councils annual meeting will take place Oct 26 and a WiP networking luncheon is scheduled for Oct 27 in Miami NGL Energy Partners takes steps to acquire midstream operation NGL Energy Partners entered into an agreement with affiliates of Morgan Stanley to acquire TransMontaigne Inc for a cash purchase price of 200 million including working capital plus an additional amount for inventory transferred at the closing the partnership announced TransMontaigne is the owner of TransMontaigne GP LLC the general partner of TransMontaigne Partners LP a terminaling and transportation company based in Denver with operations along the Gulf Coast in the Midwest in Brownsville Texas along the Mississippi and Ohio River and in the southeastern United States The deal includes the limited partnership units of TransMontaigne Partners LP held by Morgan Stanley amounting to about 20 percent of the outstanding units and certain entities associated with the TransMontaigne business as well as the related inventory and pipeline and other contract rights The acquisition is anticipated to close in the third quarter PERC expands Propane Energy Pod program to all homebuilders The Propane Education Research Council PERC opened its Propane Energy Pod Builder Incentive Program to all builders Previously only companies building fewer than 75 homes each year could apply for consideration under the programs guidelines According to a press release the Propane Energy Pod Builder Incentive Program provides a financial incentive of up to 1500 to qualifying and selected builders who construct homes that follow PERCs Propane Energy Pod model Homes built to Energy Pod specifications include a combination of propane applications for space heating water heating cooking fireplaces clothes drying and standby power Construction rental pros incentivized to adopt propane products PERC says it is helping construction and rental professionals demonstrate their commitment to sustainability and save money Purchasers of Kohlers new propane powered mobile generators or Magnums MLT4000S solar hybrid light tower can receive significant incentives that make the equipment more affordable according to a PERC press release Construction and rental professionals can receive 1000 to 8500 toward the purchase of a mobile generator and 3500 toward the purchase of the light tower Participants in the incentive program agree to share their experiences using the equipment with PERC Williams Access Midstream merger potentially on horizon Williams Partners LP agreed to acquire Global Infrastructure Partners general interest in Access Midstream Partners for nearly 6 billion In addition Williams proposed to merge with Access Midstream Partners According to a press release if a merger is completed it is anticipated that the partnership will be based in Tulsa Okla Oklahoma City would become one of the partnerships major offices Williams said Utica East Ohio expansion includes propane butane storage Access Midstream Partners announced a major expansion of the Utica East Ohio UEO midstream service complex in eastern Ohio The expansion will increase UEOs nameplate capacity to 1 billion cubic feet per day bcf d and allows for a processing capacity of more than 11 bcf d Additional services will be added at the Harrison Hub including downstream liquids interconnects and expanded propane and butane storage UEO is a joint venture between Access Midstream M3 Midstream and EV Energy Partners MarkWest to double capacity of Ohio fractionation complex MarkWest Energy Partners LP announced plans to add capacity at its Continued on page 12 10 LPGas July 2014 www LPGasmagazine com
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