Medallion Midstream said a previous transportation services agreement with a third-party shipper had been terminated making the committed capacity on Medallion’s leased capacity on the EPIC Crude Pipeline available again.
State regulators’ denial of water permits had put the natural gas pipeline on hold.
The threat to the export terminal’s viability is a blow to the Nations’ financial and jobs prospects.
A report that the administration would waive sanctions against Nord Stream 2 contrasts with Biden’s opposition to the natural gas pipeline project.
Woodside’s withdrawal from the Kitimat LNG project was just the latest blow.
Max Midstream has connected to the port from the Eagle Ford; connection to the Permian is next.
Expansion will support local renewable diesel production.
Second agreement is with BP.
Company attributes the first-quarter loss to halting work on the Keystone XL pipeline.