Proposed gas trading platform instills fear of restructuring in pipe industrySNL September 22, 2014
Preti Flaherty partner, Don Sipe, is featured in a recent article in the trade publication SNL on his proposal for a natural gas trading platform.
"There is information out there that can determine at the time the request is made whether gas can move from one place to another and whether there is a willing buyer and a willing seller out there who could do it," Sipe said. "So theoretically the idea of an information and trading platform can get all that information in one place to automate the confirmation process; to unify the confirmation process across pipelines and perhaps get them to all adopt a similar confirmation process. Right now, they've all got different confirmation processes and other things."