Citadel Books More US Rockies Gas Transport on Key Pipeline

Citadel Energy Marketing, the merchant trading arm of Ken Griffin’s Citadel, has expanded its natural gas pipeline transportation capacity on a key interstate conduit from the Rocky Mountains to Arizona by 37%, positioning itself ahead of anticipated growth in Southwest gas demand.

The increased capacity allows Citadel to pick up the gas in Colorado’s Piceance Basin and deliver it to two different points in Arizona near California’s southeastern border. As of April 1, the company holds approximately 100 million cubic feet per day of transportation capacity on Kinder Morgan’s El Paso Natural Gas Pipeline through March 2031. That’s up from about 73 million cubic feet per day at the start of the year, according to company data analyzed by Bloomberg.