Spectra Energy Corp and Spectra Energy Partners have executed long-term contracts for 650 000 dekatherms per day (Dth/d) of natural gas shipments on the Texas Eastern pipeline system to support the growing manufacturing sector and liquefied natural gas (LNG) export industry along the Texas and Louisiana coast.
"Spectra Energy's Texas Eastern system is strategically located to provide natural gas from the burgeoning Marcellus, Utica and Eagle Ford production areas to meet demand growth in the industrial and LNG export sectors," said Bill Yardley, president of US Transmission and Storage at Spectra Energy. "We're proud to be the provider of choice for gas producers seeking new industrial markets and for the developing LNG export market in the Gulf Coast region," he added.
Customers signing contracts for long-term service include:
- EQT Corporation: 100 000 Dth/d, in-service 2016
- GDF Suez S.A.: 200 000 Dth/d, in-service 2017
- Mitsubishi Corporation: 100 000 Dth/d, in-service 2017
- MMGS, Inc., a subsidiary of Mitsui & Co., Ltd: 100 000 Dth/d, in-service 2017
- Range Resources, Appalachia LLC: 150 000 Dth/d, in-service 2016.
The initial phase of the project will transport 250 000 Dth/d as early as November 2016. The second phase will bring an additional 400 000 Dth/d to these markets beginning in September 2017.
Adapted from press release by Katie Woodward
Read the article online at: https://www.lngindustry.com/lng-shipping/11112013/lng_contracts_for_spectra_416/