
Get Your Motor Running. It’s Full Speed Ahead for Natural Gas
Four days now into a new Administration and a whirlwind of Executive Orders, the nation’s oil and gas industry—in a great exhalation—is charged up with serious horsepower. Especially for natural gas, where the U.S. sits as chairman of the board of world production and exports as global demand is expected to rise with historic volumes. With an energy cheerleader back in office projects are being reawakened. The ongoing, massive growth of data centers and record-breaking LNG exports begs for more natural gas and pipeline infrastructure—and the timing couldn’t be more serendipitous.
Reese Energy Consulting today is following the latest news from Houston-based Kinder Morgan, which is geared up and full speed ahead to move more natural gas from the Permian to the Texas Gulf’s LNG corridor with the newly announced $1.7 billion Trident Intrastate Pipeline. The 216-mile natural gas line will flow 1.5 BCFD from Katy, Texas, to Port Arthur, Texas. KM, in its recently announced 4Q 2024 release, reiterated its gas-focused strategy to stay ahead of demand from LNG terminals, power plants, data centers, crypto-mining, and industrial re-shoring, committing 89% of its project backlog and $8.1 billion.
The lift of export permits has LNG project developers and terminals in expansion feeling some acceleration of their own. Those hamstrung up until now include Commonwealth LNG’s 9.5 MTPA in La..; Energy Transfer’s Lake Charles 15.5 MTPA terminal in La.; Cheniere’s 3 MPTA expansion in Texas; and six other LNG export terminals set to fire up their engines.