MPLX LP management said two strategic transactions announced in the first quarter would open the door to growth opportunities in the Marcellus and Utica shales and the Permian Basin. During a conference call to discuss quarterly performance, CEO Michael Hennigan told analysts that exploration and production (E&P) companies are targeting liquids-rich acreage in the Northeast.…
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Work Continues on 20 Bcf/d of Pipeline Capacity for U.S. LNG Export Projects
Eight pipeline projects continue to advance in Texas and Louisiana to feed five LNG export projects that are currently under construction along the Gulf Coast. The pipelines have all been approved and some are under construction. They would add more than 20 Bcf/d of capacity to feed liquefaction trains coming online through the end of…
Water Permit Challenge Against Rio Grande LNG, Pipeline Project Tossed
Work for the Rio Grande LNG terminal and related Rio Bravo Pipeline proposed by NextDecade Corp. in South Texas may proceed after a challenge against the water permits was dismissed. The U.S. Circuit Court of Appeals for the Fifth Circuit last Thursday said a claim brought by a Rio Grande Valley fishermen association and environmental…