Saturday, June 04, 2022

Permain Gas Pipeline in Tellurian Bond Filing


Tellurian's Permian Global Access Pipeline is not dead.  A $500 million bond prospectus said:

The proposed Pipeline Network is currently expected to consist of three pipelines, the Driftwood pipeline, the Haynesville Global Access Pipeline and the Permian Global Access Pipeline.

The Permian Global Access Pipeline is expected to run approximately 625 miles from west Texas to southwest Louisiana. Each of these pipelines is expected to have a diameter of 42 inches and be capable of delivering approximately 2 Bcf/d of natural gas.

The cost of $4.2 billion is unchanged from prior estimates.  With inflation that will certainly rise substantially.

PGAP would cross under creeks and rivers that feed San Angelo's water sources. 

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