Energy Transfer Announces Gulf Run Transmission Is In Service
December 15 2022 - 4:30PM
Business Wire
Gulf Run provides connectivity from natural gas
producing regions in the U.S. to the Gulf Coast to meet growing
domestic and international demand
Dallas-based Energy Transfer LP (NYSE: ET) today announced its
subsidiary, Gulf Run Transmission LLC has received FERC approval to
place the Gulf Run pipeline in service delivering domestically
produced natural gas from key U.S. producing regions to meet the
rapidly growing demand along the Gulf Coast and international
markets. The newly constructed 135-mile, 42-inch natural gas
pipeline in Louisiana has a capacity of 1.65 Bcf/day, with
potential growth opportunities.
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Gulf Run receives natural gas from Energy Transfer’s extensive
intrastate and interstate pipeline network, including production
directly from the Haynesville Shale. Volumes originating from all
the major natural gas basins in the U.S. have access to the
pipeline, including the Permian Basin, the Barnett Shale, the
Marcellus and Utica shales, East Texas, the Arkoma and the Anadarko
basins. The pipeline consists of two zones. Zone 1 connects the
Carthage Hub to the Perryville markets and Zone 2 extends south and
connects to Golden Pass Pipeline and to Energy Transfer’s Trunkline
system. The Zone 1 segment has bi-directional flow capabilities,
providing the ability to deliver significant volumes to Perryville
as well as to the Golden Pass and Trunkline systems.
Energy Transfer owns and operates approximately 120,000 miles of
pipeline and related infrastructure across 41 states transporting
natural gas, crude oil, natural gas liquids and refined products.
Energy Transfer operates more than 8,800 miles of pipeline in
Louisiana.
Energy Transfer LP (NYSE: ET) owns and operates one of
the largest and most diversified portfolios of energy assets in the
United States, with a strategic footprint in all of the major U.S.
production basins. Energy Transfer is a publicly traded limited
partnership with core operations that include complementary natural
gas midstream, intrastate and interstate transportation and storage
assets; crude oil, natural gas liquids (“NGL”) and refined product
transportation and terminalling assets; and NGL fractionation.
Energy Transfer also owns Lake Charles LNG Company, as well as the
general partner interests, the incentive distribution rights and
28.5 million common units of Sunoco LP (NYSE: SUN), and the general
partner interests and 46.1 million common units of USA Compression
Partners, LP (NYSE: USAC).
Forward-Looking Statements
This news release may include certain statements concerning
expectations for the future that are forward-looking statements as
defined by federal law. Such forward-looking statements are subject
to a variety of known and unknown risks, uncertainties, and other
factors that are difficult to predict and many of which are beyond
management’s control. An extensive list of factors that can affect
future results are discussed in the Partnership’s Annual Report on
Form 10-K and other documents filed from time to time with the
Securities and Exchange Commission. In addition to the risks and
uncertainties previously disclosed, the Partnership has also been,
or may in the future be, impacted by new or heightened risks
related to the COVID-19 pandemic, and we cannot predict the length
and ultimate impact of those risks. The Partnership undertakes no
obligation to update or revise any forward-looking statement to
reflect new information or events.
The information contained in this press release is available on
our website at www.energytransfer.com.
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Investor Relations: Bill Baerg Brent Ratliff Lyndsay Hannah
214-981-0795
Media Relations: Vicki Granado Alexis Daniel 214-840-5820
media@energytransfer.com
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