Energy Transfer announces multi basin strategic alignment
Published by Aimee Knight,
Editorial Assistant
World Pipelines,
Energy Transfer LP has announced the execution of a suite of gathering, processing, transportation and fractionation agreements with a large, investment-grade integrated energy company (the Company). These agreements increase and extend long-term commitments between the Company and Energy Transfer in the Eagle Ford and Delaware Basins through 2034 and 2040, respectively.
The Company will benefit from Energy Transfer’s fully integrated gas gathering, processing and transportation systems as well as its extensive natural gas liquids transportation and fractionation assets. Energy Transfer’s system will provide flow assurance and reliability for the production from the approximately 255 000 net acres that the Company has dedicated to Energy Transfer. The execution of these agreements aligns with Energy Transfer’s focus on achieving long-term sustainable cash flow, via fixed-fee contracts, by increasing the utilisation of existing assets and minimising new capital expenditures.
Read the article online at: https://www.worldpipelines.com/business-news/20022020/energy-transfer-announces-multi-basin-strategic-alignment/
You might also like
World Pipelines Podcast: Supporting America’s Pipeline Workers
Elizabeth Corner speaks to Beth Worrell, Managing Director and Chief Legal Counsel of the Pipe Line Contractors Association (PLCA), about how the PLCA represents the union contractors that build and maintain the USA’s energy infrastructure.
Howard Energy Partners acquires operating interest in midship pipeline
Beginning in Kingfisher County, Oklahoma and terminating near Bennington, Oklahoma, the 36 in. Midship Pipeline connects natural gas production from the SCOOP/STACK to growing Gulf Coast and Southeast demand markets via several strategic interconnects.