A subsidiary of independent natural gas producer Rice Energy has applied to Ohio regulators to sell its product directly to Ohio customers.
Rice Energy Marketing has applied to the Public Utility Commission of Ohio (PUCO) to become a competitive retail natural gas supplier, Columbus Business First newspaper reports.
The company, based south of Pittsburgh in Cecil Township, is a major gas producer in Pennsylvania and eastern Ohio, Kallanish Energy reports.
As Rice Energys production volumes grow we are actively seeking out new markets and ways to maximize the value of our gas, Rice states in its application to PUCO. Also, we believe in sharing in the cheap and abundant supply of natural gas we are producing with the local markets around us.
Rice controls a combined 336,000 acres in the core of the Utica in Ohio and Pennsylvanias Marcellus Shale.
Its the second time in two months an oil and gas company has applied to sell natural-gas related products in Ohio. Shell Energy North America, a subsidiary of oil supermajor Royal Dutch Shell wants to sell power to industrial and large and large commercial businesses in Ohio, according to Columbus Business First.
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