Midship Pipeline Co. LLC, a wholly owned subsidiary of Cheniere Energy Inc. (NYSE: LNG), launched an open season for commitments on the Midship Project interstate natural gas pipeline, for which it signed precedent agreements supporting construction with foundation shippers, according to a March 17 press release.
The open season began March 17 and will end on March 30. After the open season, Midship will submit its official Federal Energy Regulatory Commission 7C application. The project will likely be in-service in early 2019, the press release said. Regulatory approvals and financings will be required before the project is constructed.
The 200-mile long Midship Project will connect production from the Scoop and Stack areas of the Anadarko Basin to the U.S. Gulf Coast and Southeast markets. Its capacity will be up to 1.4 million dekatherms per day. Specifically, laterals, compressor stations and interconnects will send gas to Bennington, Okla., the TexOk hub near Atlanta, Texas and the Perryville Hub near Tallulah, La.
Midship has secured commitments from subsidiaries and/or affiliates of Cheniere, Devon Energy Corp. (NYSE: DVN), Marathon Oil Corp. (NYSE: MRO) and Gulfport Energy Corp.
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