tiprankstipranks
Oneok subsidiary files permit application for new facilities
The Fly

Oneok subsidiary files permit application for new facilities

ONEOK announced that its Saguaro Connector Pipeline subsidiary has filed a Presidential Permit application with the Federal Energy Regulatory Commission, or FERC, to construct and operate facilities for the exportation of natural gas at a new international border-crossing at the U.S. and Mexico border in Hudspeth County, Texas. The proposed border facilities would connect upstream with a potential intrastate natural gas pipeline, the Saguaro Connector Pipeline, which would be designed to transport natural gas from ONEOK’s existing WesTex intrastate natural gas pipeline system in the Permian Basin in West Texas to Mexico. Additionally, the proposed border facilities would connect at the International Boundary with a new pipeline under development in Mexico for delivery to an export facility on the West Coast of Mexico. The potential Saguaro Connector Pipeline would consist of approximately 155 miles of 48-inch-diameter natural gas pipeline originating at the Waha Hub in Pecos County, Texas. The ultimate design capacity of the potential pipeline would be approximately 2.8 billion cubic feet per day. Final investment decision on the potential pipeline is expected by mid-2023.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on OKE:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles