Williams makes FID on Louisiana Energy Gateway project
June 29, 2022
Williams, Tulsa, Okla., reached a positive final investment decision on Louisiana Energy Gateway (LEG), a project designed to gather 1.8 bcfd of Haynesville natural gas and connect it to Transco natural gas pipeline system markets and Gulf Coast LNG markets.
The project is expected to go into service late 2024, the company said in a June 29 release.
With the project, Williams will offer “an infrastructure solution that integrates real time emissions monitoring and emissions reduction strategies,” said Chad Zamarin, senior vice-president, corporate strategic development. The project is positioned to incorporate carbon capture and storage (CCS) as a further decarbonizing solution for natural gas production in the play, he continued.
Earlier this year, Williams signed a Memorandum of Understanding with Quantum Energy Partners to form a joint venture enabling Quantum to become an equity investor and partner in the project.
As part of its Haynesville expansion, Williams’ March 2022 deal to acquire the Haynesville gas gathering and processing assets of Quantum’s Trace Midstream for $950 million included a long-term capacity commitment by Trace customer and Quantum affiliate Rockcliff Energy in support of Williams’ LEG project (OGJ Online, Mar. 14, 2022).