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BP’s US Gulf Destin Gas Line Declares Force Majeure

Investing News Network
Aug. 31, 2011 12:33PM PST
Oil and Gas Investing

Reuters reports that BP’s (NSE:BP) Destin Pipeline Co LLC declared force majeure due to operational problems affecting all the offshore Gulf of Mexico natural gas production.

Reuters reports that BP’s (NSE:BP) Destin Pipeline Co LLC declared force majeure due to operational problems affecting all the offshore Gulf of Mexico natural gas production.

The market news is quoted as saying:

The 255-mile (400-km) natural gas pipeline system runs from the central Gulf of Mexico to Mississippi and extends farther north, where it connects with nine major interstate gas pipelines.

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