Cheniere Energy Inc. has achieved important regulatory and financial milestones related to the development of the 200-mile, 36-inch Midship Pipeline, a proposed intrastate natural gas pipeline project.
Midship expects to receive FERC authorization in early 2018 and have the project online in late 2018 or early 2019. In addition to filing the FERC application, Midship Holdings LLC entered into agreements with investment funds managed by EIG Global Energy Partners (EIG) under which EIG-managed funds will invest up to $500 million in the Midship Project.
The Midship Project is being developed to create pipeline capacity of up to 1.4 MMDth/d of firm transportation to connect production from the emerging STACK and SCOOP resource plays in the Anadarko Basin in Oklahoma to growing Gulf Coast and Southeast markets.
The project will consist of new mainline pipeline, several laterals, compressor stations and interconnects that will provide receipts from STACK and SCOOP processing plants and provide deliveries to Bennington, OK, as well as access to downstream markets including the TexOk hub near Atlanta, TX and the Perryville Hub near Tallulah, LA.