Open season for CJ Express pipeline expansion
Published by Lydia Woellwarth,
Midcoast Energy, LLC, through its East Texas operating subsidiary, has entered into commercial agreements with an anchor shipper and one of the leading producers in the Haynesville, for its CJ Express pipeline expansion project. In order to finalise the CJ Express expansion project, Midcoast is conducting a binding open season and expects to expeditiously complete negotiations with additional shippers.
The CJ Express project will deliver natural gas produced in the Haynesville into premium demand markets along the US Gulf Coast. CJ Express will connect Midcoast's existing pipeline assets in San Augustine County, Texas, and growing production in the Carthage and Shelby Trough area of the Haynesville Shale, to Midcoast's Clarity pipeline near Silsbee, Texas. The project is expected to provide incremental delivery capacity for up to 1.0 billion ft3/d from the Carthage area to multiple Gulf Coast markets.
CJ Express will include up to 107 miles of 36 in. pipeline and a 39 000 hp compressor station. Midcoast expects the expansion project to have an in-service date in early 2021.
The open season will run through 17 May 2019.
About Midcoast Energy, LLC
Midcoast is a full-service natural gas and natural gas liquid (NGL) midstream service provider headquartered in Houston, Texas. Midcoast owns three utility scale gas gathering and processing systems, a long-haul NGL transmission system delivering NGLs from multiple supply areas to Mont Belvieu, and an NGL and natural gas marketing business. ArcLight Capital Partners acquired Midcoast from Enbridge in August 2018.
About ArcLight Capital Partners
ArcLight is one of the leading private equity firms focused on energy infrastructure investments. Founded in 2001, the firm helped pioneer an asset-based private equity approach to investing in the dynamic energy sector. ArcLight has invested approximately US$21 billion in over 100 transactions since inception. Based in Boston, the firm's investment team employs a hands-on value creation strategy that utilises its in-house technical, operational, and commercial specialists and works closely with the firm's 1000 person asset management affiliate.
Read the article online at: https://www.worldpipelines.com/business-news/29042019/open-season-for-cj-express-pipeline-expansion/
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