Shell Gets FERC Green Light For $1B La.-Texas Pipeline

Law360, Houston (October 5, 2012, 5:50 PM EDT) -- A Royal Dutch Shell PLC unit’s planned $1 billion pipeline stretching from Louisiana to Texas coastal refineries cleared another hurdle Friday as federal regulators blessed a proposed shipping rate and service structure for the line, which is expected to be operational by 2015.

The Federal Energy Regulatory Commission granted a request from Shell Pipeline Co. LP to approve its rate and transportation plan for its Westward Ho pipeline, which will connect the St. James, Houma and Clovelly markets in Louisiana to refineries near Nederland and Port...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.