Energy market faces ~$100mn midstream loss from Louisiana pipeline
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Energy market faces ~$100mn midstream loss from Louisiana pipeline

Samuel Casey
May 11, 2022
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Energy underwriters are expecting to pay out in the region of $100mn to insured Aethon Energy for a pipeline rupture in Louisiana earlier this year, this publication can reveal.

The claim falls on the niche midstream energy market, and represents a significant loss for the sub-sector, which underwriters said was fuelling carriers’ efforts to retain rating momentum.

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Samuel Casey
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