Can U.S. Pipelines Handle Rising Natural Gas Demand? – Listen Now to NGI’s Hub & Flow

Permian Basin benchmark Waha cash prices, mired in a protracted slump amid limited natural gas takeaway capacity and a supply glut, may see the summer come and go without relief. But a massive new pipeline is slated to enter service this fall, promising to free up an abundance of associated gas and ease pricing pressure.

A deal by Enterprise Products Partners LP to snap up a Permian Basin sour gas midstream operator will accelerate the Houston giant’s strategy in the nation’s largest producing region by “at least three or four years,” a top executive said Wednesday.

After reviewing a collection of private documents about commissioning of Venture Global LNG Inc.’s Calcasieu Pass export terminal, several of its foundational customers are again urging FERC not to approve an extension.

Private equity-backed Brazos Midstream is planning to add 500 MMcf/d of cryogenic natural gas processing capacity and 175 miles of gas gathering pipelines in the Permian Basin’s Midland sub-basin by the end of next year, management said.

Energy midstream giant Tallgrass Energy, which operates 10,000-plus miles of natural gas and oil pipelines and storage systems across the Lower 48, has clinched a new partner that is bringing in a bundle of funding.

TC Energy Corp. is moving forward with the Cedar Link lateral from the Coastal GasLink (CGL) natural gas pipeline to supply the Cedar LNG Partners LP export project on Canada’s west coast.