With The Great Texas/Louisiana Midstream Buildout (GTLMB) in full force—smack dab at the intersection of Record Gas Production and Next Wave of LNG Terminals—pipeline and G&P operators are investing billions in expansions and newbuilds. Growth projects that will add 8+ BCFD of pipeline capacity alone in the Permian and Haynesville have either wrapped, are under construction, or in the planning stage this year.
Reese Energy Consulting today is following the latest on the GTLMB and that intersection starting with news from Houston-based Enterprise, which will see $3.8 billion worth of new infrastructure projects come online in 2023. The company has now fired up its Poseidon cryogenic gas plant in the Midland, marking its sixth there, with another three under construction in both the Midland and Delaware. Enterprise in May completed expansion of the 80-mile Haynesville Acadian gas pipeline to flow 2.5 BCFD of gas to the Mississippi River Corridor and La., Gulf LNG export terminals.
Speaking of Gulf Coast LNG and the GTLMB, Houston-based Energy Transfer gets the REC Intrepid Vote for its proposed Lake Charles, La., LNG export terminal, which is getting DOE flak on its request for a three-year extension. An anonymous source reports ET blinked then today announced three LNG agreements that include a 15-year deal with Marcellus king EQT for a total 3.6 mtpy, a 20-year deal with a Japanese consortium for 1.6 mtpy, and a 15-year gig with Chesapeake to supply gas to produce 1 mtpy of LNG that’s already sold.