Woodside is further diversifying its LNG portfolio with more U.S.-sourced gas from a new supply agreement with Mexico Pacific Ltd. (MPL), tallying another major offtaker for the proposed Mexican terminal. Woodside has inked a 20-year, 1.3 million metric ton/year (mmty) sales and purchase agreement (SPA) for offtake from the Saguaro Energia LNG terminal on a…
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Oneok Says Saguaro Connector Pipeline Dependent on Mexico LNG Project FID
Oneok Inc. is waiting on the sanctioning of a proposed LNG export terminal on Mexico’s Pacific Coast before proceeding with the 2.8 Bcf/d Saguaro Connector pipeline out of the Permian Basin, management indicated Wednesday. CEO Pierce Norton and his team discussed the midstreamer’s North America plans during the Barclays CEO Energy-Power Conference in New York.…
September 6, 2023
Oneok Still Evaluating Saguaro Pipeline for Mexico LNG Export Project
Midstreamer Oneok Inc. hopes to reach a final investment decision (FID) on its proposed 2.8 Bcf/d Saguaro Connector natural gas pipeline later this year. The 155-mile pipeline would transport natural gas from the Waha hub in West Texas to the Mexico border. It would serve the Saguaro LNG export terminal proposed by Mexico Pacific Ltd.…
August 22, 2023
Oneok to Add Refined Products, Crude Oil Transportation Services with $18.8B Magellan Deal
Natural gas midstream company Oneok Inc. on Monday announced that it has agreed to purchase Magellan Midstream Partners LP for $18.8 billion, giving the Tulsa-based firm entry into the transportation of crude oil and refined products. Under the deal, Oneok would acquire all outstanding units of Magellan in a cash-and-stock transaction, resulting in a combined…
May 15, 2023
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