Exxon-Qatar's Golden Pass JV to Anchor Enable's Gulf Run Pipeline
OKLAHOMA CITY -Enable Midstream Partners said an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project.
Golden Pass is a joint venture between affiliates of Qatar Petroleum and ExxonMobil. Earlier today, Golden Pass announced it had made a positive final investment decision on a $10 billion infrastructure investment to add liquification and export capabilities to its existing liquefied natural gas (LNG) facility in Sabine Pass, Texas, which will be served by the Gulf Run Pipeline project.
“Our agreement with Enable is a key component in securing transportation for our export facility’s natural gas supply,” said Sean Ryan, president of Golden Pass LNG. “Golden Pass looks forward to a long-term relationship with Enable as we progress with our LNG export facility.”
Following the final investment decision from Golden Pass and its 20-year cornerstone shipper commitment of 1.1 Bcf/d, Enable plans to continue advancing the project to meet the anticipated late 2022 in-service date, including filing for the required Federal Energy Regulatory Commission approval.
The Gulf Run Pipeline will provide access to some of the most prolific natural gas producing regions in the U.S., including the Mid-Continent region and the Haynesville, Marcellus and Utica shales. The proposed new pipeline will run from northern Louisiana to the Gulf Coast, helping deliver U.S. resources to international markets with increasing demand.
Related News
Related News
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- ONEOK Agrees to Sell Interstate Gas Pipelines to DT Midstream for $1.2 Billion
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Texas Oil Company Challenges $250 Million Insurance Collateral Demand for Pipeline, Offshore Operations
Comments