Pelican Pipeline Project Gains Momentum Towards Construction

Pelican Pipeline Project Gains Final Investment Decision
The construction of the Pelican Pipeline is officially set to commence as WhiteWater has successfully concluded its final investment decision. This milestone follows the signing of robust firm transportation agreements with various shippers, which underscores the project's viability.
Efficient Natural Gas Transportation
Designed to handle an impressive capacity of up to 1.75 billion cubic feet per day (Bcf/d), the Pelican Pipeline will stretch approximately 170 miles, utilizing a 36-inch diameter pipeline. This infrastructure will facilitate the movement of natural gas from Williams to the Gillis Hub, significantly streamlining energy distribution operations.
Connecting Key Supply Areas
One of the noteworthy features of the Pelican Pipeline is its capacity to source natural gas from multiple upstream connections within the Haynesville Basin. This includes direct ties to processing facilities, which are essential for ensuring a consistent and reliable supply.
Anticipated Timeline for Operational Readiness
While the Pelican Pipeline is projected to go live in the first half of 2027, its timeline hinges on the attainment of necessary regulatory approvals. This careful approach to project approval ensures adherence to all required standards within the industry.
Partnerships Powering the Project
WhiteWater, based in Austin, Texas, has forged partnerships with notable entities including FIC, Stonepeak, and Trace Capital Management. Each partner brings a wealth of expertise and financial backing to the project, reinforcing its foundations for success.
Insight into WhiteWater and Its Partners
WhiteWater is recognized for its strategic investments in infrastructure, focusing on projects that boost the overall efficiency of energy transportation. This ongoing commitment to infrastructure development positions the company as a leader in the sector.
About FIC
FIC specializes in critical infrastructure investments, targeting long-term capital appreciation within various sectors such as gas transmission and renewable energy. Their strategic collaboration aids in acceleration towards energy dependency goals and promotes sustainable infrastructure development.
About Stonepeak
With roughly $70 billion in assets under management, Stonepeak is a powerhouse in the alternative investment domain, emphasizing resilient infrastructure investments. Their deep industry knowledge allows them to provide the necessary resources and operational support, helping projects like the Pelican Pipeline thrive.
About Trace Capital Management
Trace Capital Management is known for its focus on pragmatic energy investments. With a commitment to driving growth in energy infrastructure, they play a crucial role in ensuring that projects align with environmental sustainability while maintaining lively investment interest.
Frequently Asked Questions
What is the Pelican Pipeline?
The Pelican Pipeline is a natural gas transportation project designed to facilitate the efficient movement of gas from Williams to the Gillis Hub.
When is the Pelican Pipeline expected to be operational?
The pipeline is anticipated to enter service in the first half of 2027, contingent upon regulatory approvals.
Who are the partners involved in the Pelican Pipeline?
Key partners include WhiteWater, FIC, Stonepeak, and Trace Capital Management, each contributing their unique expertise.
What is the capacity of the Pelican Pipeline?
The Pelican Pipeline is designed to transport up to 1.75 billion cubic feet of natural gas per day.
How does the Pelican Pipeline contribute to energy needs?
By enhancing the transportation of natural gas, the Pelican Pipeline aims to meet growing energy demands while supporting a transition towards sustainable energy solutions.
About The Author
Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.