The new ADCC pipeline will support Cheniere Energy’s plans to ramp up total liquefaction capacity on the Texas Gulf Coast as it will connect the Whistler Pipeline to its Corpus Christi Liquefaction Facility. Pictured is a panorama aerial view of Corpus Christi Harbor Bridge with row of oil tanks and wind turbines farm in distance. (Source: Shutterstock.com)
Subsidiaries of Whistler Pipeline LLC and Cheniere Energy Inc. will move forward with the construction of the ADCC Pipeline, a new joint venture (JV) pipeline which will send natural gas from the Permian Basin to the Texas Gulf Coast for export as LNG.
The pipeline will support Cheniere’s plans to ramp up total liquefaction capacity on the Texas Gulf Coast. Cheniere currently boasts liquefaction capacity of approximately 45 million tonnes per annum (mtpa). Over the near- and long-term, the company plans to ramp up to around 60 mtpa and 90 mtpa respectively.
RELATED:
Cheniere Unveils ‘20/20 Vision,’ Eyes $4 Billion Share Buyback
WhiteWater Midstream LLC, an owner of Whistler Pipeline, announced the new JV ADCC pipeline with Cheniere Energy on Sept. 19 in a press statement.
The ADCC Pipeline will be a new 42-inch pipeline that will span approximately 43 miles from the terminus of the Whistler Pipeline to Cheniere’s Corpus Christi Liquefaction Facility.
The Whistler Pipeline is a 42-inch intrastate pipeline that spans approximately 450 miles and transports natural gas from the Waha Header in the Permian Basin to Agua Dulce, Texas. An approximately 85-mile 36-inch lateral provides connectivity to the Midland Basin.
The ADCC Pipeline is expected to start service in 2024 and initially transport up to 1.7 Bcf/d of natural gas, pending receipt of customary regulatory and other approvals, WhiteWater said. The pipeline is designed to be expandable to 2.5 Bcf/d.
WhiteWater didn’t reveal details related to the cost of the ADCC Pipeline or give dates related to its future expansion.
RELATED:
The Rise of Associated Gas in the Permian
The Whistler Pipeline is owned by a consortium including MPLX LP, WhiteWater and a JV between Stonepeak and West Texas Gas Inc.
WhiteWater is an Austin, Texas-based infrastructure company. The company is partnered with multiple private equity funds including but not limited to Ridgemont Equity Partners and First Infrastructure Capital.
Recommended Reading
Investment Firm Elliot Calls for Honeywell Restructuring in Letter to Board
2024-11-13 - As Honeywell’s largest active investor, Elliott Investment Management’s letter to Honeywell International argued that Honeywell should split into two entities—Honeywell Aerospace and Honeywell Automation.
Dividends Declared Week of Nov. 4
2024-11-08 - Here is a compilation of dividends declared from select upstream and midstream companies in the week of Nov. 4.
TC Energy Appoints Two Independent Directors to Board
2024-11-07 - TC Energy Corp. appointed Independent Directors Scott Bonham and Dawn Madahbee Leach to its board, the company announced Nov. 7 in a press release.
OMS Energy Files for IPO, Reports Revenue Growth
2024-11-06 - Singapore-based OMS Energy, a wellhead system manufacturer, has not yet determined its price range and number of shares.
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
2024-11-06 - Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.