Liquid natural gas continues to reign across the Lone Star State, with multiple projects getting the go-ahead in recent months. Last week, a Houston energy company announced a final investment decision to construct a new LNG pipeline set to run across Southeast Texas.
ARM Energy and its financial partner Pacific Investment Management Company (PIMCO) unveiled Oct. 9 a new Gulf Coast pipeline called the Mustang Express. Running 236 miles from the southwest end of the Houston area up to Port Arthur, the Mustang Express will be constructed following a $2.3 billion investment from PIMCO and other investors.
The line has two segments: a 55-mile piece called the Cougar running from Tres Palacios Storage in Bay City to the Katy Hub, then a 178-mile piece called the Mainline running from the Katy Hub to Port Arthur. Both segments can transmit up to 2.5 billion cubic feet of natural gas per day…