(Source: Shutterstock.com)
The Federal Energy Regulatory Commission voted Feb. 15 to approve a cross-border pipeline segment that is part of a plan to take more U.S. natural gas to Mexico’s west coast for export.
The FERC voted in favor of a 48-inch diameter, 1,000-meter pipeline segment that crosses the Texas-Mexico border. The segment is part of the 655-mile ONEOK’s Saguaro Connector Pipeline, which is planned to follow a route from the Waha Hub in Pecos County to Puerto Libertad on Mexico’s West Coast.
RELATED: ONEOK Asks FERC to Grant Permian-Mexico Connector Pipeline
The segment that crosses the border is the only part of the line that requires federal approval, as the remainder of the line on the U.S. side is entirely within Texas borders.
Once completed, the line will have a capacity of about 2.8 Bcf/d. The LNG plant on Mexico’s coast has yet to reach final investment decision. Mexico Pacific LNG expects to spend about $15 billion on the LNG project.
The pipeline has been opposed by environmental groups and some of the people who live along the route, such as residents of the small West Texas town of Van Horn, where the line will pass within a mile of city limits.
Recommended Reading
Financiers: Family Offices Worldwide are Queuing to Invest in E&P
2024-10-11 - U.S. family offices have stepped in quickly to fill the void left by other investors while family desks abroad have been slow to move but they’re watching closely, financiers say.
The Karl Rove Oil Executive Poll Result: The Industry Is Not Happy
2024-10-03 - A show of no hands revealed more than 400 attendees at Hart Energy’s Energy Capital Conference are not happy with U.S. politics today—and have no confidence it will be better after Nov. 5.
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.