OKLAHOMA CITY—Enable Midstream Partners LP (NYSE: ENBL) Feb. 5 announced that an affiliate of Golden Pass LNG is the cornerstone shipper for the company’s Gulf Run Pipeline project. Golden Pass is a joint venture between affiliates of Qatar Petroleum and ExxonMobil. Earlier, Golden Pass announced it had made a positive final investment decision on a $10 billion infrastructure investment to add liquification and export capabilities to its existing LNG facility in Sabine Pass, Texas, which will be served by the Gulf Run Pipeline project.
“We are excited to partner with a top-tier customer such as Golden Pass,” said Enable Midstream president and CEO Rod Sailor. “Qatar Petroleum and ExxonMobil are proven global leaders in producing, shipping and marketing natural gas worldwide, and we look forward to providing Golden Pass unrivaled market access to diverse natural gas supply sources.”
“Our agreement with Enable is a key component in securing transportation for our export facility’s natural gas supply,” said Sean Ryan, president of Golden Pass LNG. “Golden Pass looks forward to a long-term relationship with Enable as we progress with our LNG export facility.”
Following the final investment decision from Golden Pass and its 20-year cornerstone shipper commitment of 1.1 billion cubic feet per day, Enable plans to continue advancing the project to meet the anticipated late-2022 in-service date, including filing for the required Federal Energy Regulatory Commission approval.
The find, made in the Sakakemang block in South Sumatra, would translate into more than 350 million barrels of oil equivalent.
The well is being completed as a producer in the Vivian Formation in the north part of the field, the company said.
First production for both projects is expected in late 2020 or early 2021.