The combined $1.8 billion investments will provide additional outlets to transport domestic, clean burning natural gas from the Marcellus and Utica production areas to higher-value Midwest and Gulf Coast markets.
Polyethylene is a plastic used in many products, from food packaging and containers to automotive components. Ethane, a natural gas liquid, is the U.S. chemical industry's main feedstock.
Gulf Interstate Engineering is expected to do the work in eight months, paving the way for work on the pipeline to begin, with crude production expected to start in 2020, Reuters reported.
The NEBC expansion will carry NGL and condensate from the Montney to Pembina’s downstream pipeline systems feeding into the Edmonton and Fort Saskatchewan, Alberta, markets.
The system near Carlsbad in Eddy County, N.M., will have low- and high-pressure gas gathering pipelines, a 130 million cubic feet per day cryogenic processing plant and an NGL takeaway pipeline.
Don Althoff, president and CEO, said Veresen now has more than CA$1.4 billion of projects under construction.
About 40 protesters gathered outside the construction site of Energy Transfer's Trans-Pecos pipeline, a 148-mile joint venture with Mexico's federal electricity commission, on Dec. 6 with intentions to slow down construction.
Seabrook Logistics is also connecting its facility to Magellan’s Houston crude distribution system by constructing a 24-inch bidirectional pipeline between its facility and Genoa Junction, and also by investing in a new Aframax dock with up to a 45-ft draft.
Gazprom had long pushed its South Stream gas link project to allow it to ship gas directly to southern Europe while circumventing Ukraine. But it had to scrap the South Stream project because of opposition from Brussels, Reuters reported.
North Dakota's governor ordered the expulsion of thousands of Native American and environmental activists camped on federal property near an oil pipeline project they are trying to halt, citing hazards posed by harsh weather.
The Departments of the Army and Interior, in a joint statement, said they wanted to have additional discussions with the Standing Rock Sioux Tribe due to concerns about protecting Lake Oahe.
Energy Transfer expects the U.S. government to make a decision on the Dakota Access "anytime" now, executives said on Nov. 10 during the company's third-quarter earnings call.