Commodities Buzz: US Approves New Natural Gas Pipeline Projects To Increase Exports

25 May 2022 , 04:23 PM

The US EIA noted in a latest update that in the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase US natural gas exports via pipeline and as liquefied natural gas (LNG). The Evangeline Pass Expansion Project is a 1.1 billion cubic feet (Bcf/d) project owned by Tennessee Gas Pipeline Company. The project includes 13.1 miles of new pipeline and two new compressor stations that will deliver natural gas to the proposed Plaquemines LNG Project in Plaquemines Parish, Louisiana. The Alberta Xpress Project is a 0.17 Bcf/d project owned by TC Energy that will use existing capacity on the Great Lakes Gas Transmission (GLGT) system and the ANR pipeline and will add a new compressor station in Evangeline Parish, Louisiana. EIA estimates that over 0.43 Bcf/d of new natural gas pipeline capacity was completed in the first quarter of 2022. In 2021, EIA estimates that the United States added 7.44 Bcf/d of new pipeline capacity, the lowest amount added to interstate transmission since 2016.Powered by Commodity Insights