June 2015, Vol. 242, No. 6

In The News

BP Sells Equity in CATS Pipeline/Processing Facilities in North Sea

BP is selling its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for $486 million. CATS can handle over 1.7 Bscf/d of natural gas and is considered one of the most significant events in UK’s natural gas industry. Operated by BP, CATS transports and processes gas for over 20 customers, including most major North Sea producers. The CATS pipeline begins at a riser platform adjacent to the BG-operated Everest gas field in the Central North Sea and transports gas 250 miles to the CATS processing terminal in Teesside on the north east coast of England. Gazprom and Greece PM Discuss Pipeline Plans Gazprom Chairman Alexey

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