Midship Pipeline Company, LLC (Midship), a wholly owned subsidiary of Cheniere Energy, Inc. (Cheniere), has signed precedent agreements with foundation shippers to support the construction of a 200 mile 36 in. interstate natural gas pipeline project (the Midship project) and has launched a binding open season to solicit additional long term commitments from shippers.
The Midship project is being developed to create pipeline capacity of up to 1.4 million dekatherms/d of firm transportation to connect production from the emerging STACK and SCOOP resource plays in the Anadarko Basin (Oklahoma) to the growing Gulf Coast and Southeast markets.
Midship has secured commitments from subsidiaries and/or affiliates of Cheniere, Devon Energy Corp., Marathon Oil Corp. and Gulfport Energy Corp.
"We are pleased to help facilitate a market solution to STACK and SCOOP producers as they continue to make exciting progress in this important resource basin," said Jack Fusco, Cheniere's President and CEO. "Not only will the Midship project help meet the Anadarko Basin's need for additional natural gas takeaway and serve demand along the Gulf Coast, it also demonstrates the uniquely integrated market solution Cheniere can provide by leveraging our LNG platform along the entire value chain."
The open season was expected to commence at 9am CDT on 17 March and end at 3pm CDT on 30 March. Following the open season, Midship plans to submit its official FERC 7C application and currently targets in-service of the Midship project in early 2019.
Read the article online at: https://www.worldpipelines.com/business-news/20032017/open-season-launched-on-midship-pipeline-project/