by ROCKMAN » Tue 21 Mar 2017, 12:14:12
And since I did mention exporting US NG to foreign buyers who could outbid domestic consumers: understand Chenier's plan is to control NG going into Henry Hub. Henry Hub where it can source NG for its LNG export operations:
Cheniere Gas Pipeline Would Link STACK-SCOOP to Gulf Coast, Southeast
Cheniere Energy, Inc. subsidiary Midship Pipeline Co., LLC, has proposed building a 200-mile 36-inch interstate natural gas pipeline linking the emerging STACK and SCOOP resource plays in Oklahoma's Anadarko Basin to Gulf Coast and Southeast markets, Cheniere announced Friday.
"We are pleased to help facilitate a market solution to STACK and SCOOP producers as they continue to make exciting progress in this important resource basin," said Cheniere President and CEO Jack Fusco in a written statement. "Not only will the Midship Project help meet the Anadarko Basin's need for additional natural gas takeaway and serve demand along the Gulf Coast, it also demonstrates the uniquely integrated market solution Cheniere can provide by leveraging our LNG platform along the entire value chain."
Midship has signed precedent agreements with foundation shippers – Cheniere, Devon Energy Corp., Marathon Oil Corp. and Gulfport Energy Corp. – to support construction of the pipeline, which would provide up to 1,400,000 Dekatherms per day of firm transportation, Cheniere stated.