Enbridge plans $175mn expansion of Texas shale transportation infrastructure
Enbridge Energy Partners will invest an additional $175mn to expand its East Texas shale infrastructure, the crude and natural gas transportation services firm said on Friday.
Enbridge signed long-term agreements with several major natural gas producers on the Texas side of the Haynesville shale to provide gathering, treating and transmission services in Shelby, Sabine, San Augustine and Nacogdoches counties.
The projects involve construction of gathering and related market outlet pipelines and related treating facilities in the Texas Haynesville shale.
"We are pleased to announce these new projects for our customers in the Texas Haynesville shale region,” said Mark Maki, president of Enbridge’s management company.
“Our East Texas system is well positioned with substantial infrastructure and unmatched access to numerous intrastate and interstate connecting pipelines," he continued. "We envision additional infrastructure development for our customers beyond what we've already committed in this region.
"We consider the Texas Haynesville to be one of the best natural gas plays in North America and expect long-term fundamentals to support development of this resource well into the future,” Maki said. “These projects will support continued growth in cash flow and distributions for our unit holders."
Related News
- Climate Investment leads $27-MM Series B investment in Membrane Technology and Research (MTR) to scale its use in industrial applications
- Trump's shipping waiver does not boost oil flows within U.S.; fuel exports soar
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf
Comments