Permian Highway Pipeline Receives Final Investment Approval
EagleClaw Midstream Ventures announced a final decision to proceed with the Permian Highway Pipeline after having secured shipping agreements with users of the pipeline. Nearly all of the pipeline’s capacity is subscribed and committed under long-term agreements. The $2 billion project is expected to transport up to 2 billion cf/day of natural gas through approximately 430 miles of 42” pipe. The project is expected to be completed in late 2020.