Tellurian Announces an Open Season for the Haynesville Global Access Pipeline
Tellurian Inc. (TELL)
Last tellurian inc. earnings: 2/24 07:00 am
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Source: Business Wire
HOUSTON--(BUSINESS WIRE)-- Tellurian (NASDAQ: TELL) announced today that its subsidiary Haynesville Global Access Pipeline LLC (HGAP) is offering a non-binding open season to secure prospective shippers for a proposed 42-inch natural gas pipeline connecting the Haynesville and Bossier shale production region to growing natural gas demand in Southwest Louisiana. HGAP is estimated to cost approximately $1.4 billion to construct and will have the capacity to transport up to two billion cubic feet of natural gas per day. Construction is projected to begin in 2022, with an in-service date of mid-2023. HGAP is part of Tellurian’s previously announced proposed Tellurian Pipeline Network, a project that represents a $7.0 billion investment in U.S. infrastructure and will create approximately 15,000 jobs in Texas and Louisiana. The investment is incremental to the $15.2 billion investment that Tellurian plans for
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