EnLink Moves Forward with Permian-Houston Natgas Pipeline Project
(Reuters) — EnLink Midstream on Thursday said it would move forward with the construction of a Permian-to-Houston natural gas pipeline after the company secured sufficient transportation agreements with shippers.
The Matterhorn Express Pipeline is designed to transport up to 2.5 billion cubic feet per day (Bcf/d) of natural gas through about 490 miles (790 km) from Waha, Texas, to near Houston, with supply sourced from connections in the Permian Basin.
The Matterhorn Express, a joint venture between infrastructure company WhiteWater, EnLink, Devon Energy, and MPLX, is expected to be in service in the third quarter of 2024.
Pipeline operators have been committing to expanding existing pipelines or constructing new ones from the top shale field, the Permian basin, to the Gulf Coast, banking on a surge in global demand and exports for liquefied natural gas.
A lack of takeaway capacity in the Permian, spread across Texas and New Mexico, was set to hurt natural gas output even as prices surged to multi-year highs.
Enlink did not immediately respond to a request for an estimated cost of construction for the pipeline.
Related News
Related News
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
- Evacuation Technologies to Reduce Methane Releases During Pigging
- Editor’s Notebook: Nord Stream’s $20 Billion Question
- Enbridge Receives Approval to Begin Service on Louisiana Venice Gas Pipeline Project
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Russian LNG Unfazed By U.S. Sanctions
Comments