PGAP is part of Tellurian’s proposed pipeline network. The network represents an anticipated overall investment of approximately $7.3 billion in US infrastructure, and is expected to create approximately 15 000 jobs in Texas and Louisiana. The investment is incremental to the US$15.2 billion investment that Tellurian plans for Driftwood LNG, a proposed liquefied natural gas (LNG) export facility near Lake Charles, Louisiana.
President and CEO Meg Gentle said, “Permian producers have recently paid US$9.00/million Btu to move their natural gas away from the wellhead, reflecting the acute need for infrastructure development in the basin. By contrast, Southwest Louisiana is a market expected to grow 300% in the next five years. The Permian Global Access Pipeline is critical infrastructure that will interconnect stranded Permian gas production with growing markets, reduce flaring, and provide a valuable cleaner fuel to reduce urban pollution and carbon globally.”
The open season will begin at noon Central time on Monday 8 April 2019 and runs through Friday 24 May 2019 at 4 pm CT.
