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Energy Transfer Announces Gulf Run Transmission Is In Service
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Energy Transfer LP (NYSE: ET) announced that its subsidiary, Gulf Run Transmission LLC, has received FERC approval to launch the Gulf Run pipeline. This 135-mile pipeline will transport natural gas from U.S. producing regions to the Gulf Coast, with a capacity of 1.65 Bcf/day. The pipeline connects key natural gas basins, including Haynesville and Permian, enhancing Energy Transfer's extensive pipeline network across 41 states. This move aims to meet increasing domestic and international demand for natural gas.
Positive
Received FERC approval for Gulf Run pipeline enhances operational capacity.
New pipeline capacity of 1.65 Bcf/day supports growing gas demand.
Strengthens connectivity to key natural gas basins in the U.S.
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None.
Gulf Run provides connectivity from natural gas producing regions in the U.S. to the Gulf Coast to meet growing domestic and international demand
DALLAS--(BUSINESS WIRE)--
Dallas-based Energy Transfer LP (NYSE: ET) today announced its subsidiary, Gulf Run Transmission LLC has received FERC approval to place the Gulf Run pipeline in service delivering domestically produced natural gas from key U.S. producing regions to meet the rapidly growing demand along the Gulf Coast and international markets. The newly constructed 135-mile, 42-inch natural gas pipeline in Louisiana has a capacity of 1.65 Bcf/day, with potential growth opportunities.
(Photo: Business Wire)
Gulf Run receives natural gas from Energy Transfer’s extensive intrastate and interstate pipeline network, including production directly from the Haynesville Shale. Volumes originating from all the major natural gas basins in the U.S. have access to the pipeline, including the Permian Basin, the Barnett Shale, the Marcellus and Utica shales, East Texas, the Arkoma and the Anadarko basins. The pipeline consists of two zones. Zone 1 connects the Carthage Hub to the Perryville markets and Zone 2 extends south and connects to Golden Pass Pipeline and to Energy Transfer’s Trunkline system. The Zone 1 segment has bi-directional flow capabilities, providing the ability to deliver significant volumes to Perryville as well as to the Golden Pass and Trunkline systems.
Energy Transfer owns and operates approximately 120,000 miles of pipeline and related infrastructure across 41 states transporting natural gas, crude oil, natural gas liquids and refined products. Energy Transfer operates more than 8,800 miles of pipeline in Louisiana.
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (“NGL”) and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC).
Forward-Looking Statements
This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in the Partnership’s Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. In addition to the risks and uncertainties previously disclosed, the Partnership has also been, or may in the future be, impacted by new or heightened risks related to the COVID-19 pandemic, and we cannot predict the length and ultimate impact of those risks. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
The information contained in this press release is available on our website at www.energytransfer.com.
What is the significance of the Gulf Run pipeline for Energy Transfer (ET)?
The Gulf Run pipeline, recently approved by FERC, allows Energy Transfer to transport natural gas from major U.S. production areas to the Gulf Coast, boosting its market reach.
When did Energy Transfer receive approval for the Gulf Run pipeline?
Energy Transfer announced the FERC approval for the Gulf Run pipeline in a recent press release.
What is the capacity of the Gulf Run pipeline?
The Gulf Run pipeline has a capacity of 1.65 Bcf/day, designed to meet increasing natural gas demand.
Which natural gas basins are accessed by the Gulf Run pipeline?
The Gulf Run pipeline connects to major U.S. natural gas basins, including Haynesville, Permian, and Marcellus.
Energy Transfer LP Common Units representing limited partner interests
