Two new gas transmission pipelines advance in Northeast, Permian Basin
(UI) — Enbridge Inc. has approved two new natural gas transmission projects aimed at strengthening supply to the U.S. Northeast and supporting LNG exports along the Gulf Coast.
The company reached a final investment decision on the Algonquin Reliable Affordable Resilient Enhancement (AGT Enhancement) project, which will add 75 million cubic feet per day of incremental capacity on the Algonquin Gas Transmission pipeline.
The upgrades, expected to be completed in 2029, are designed to enhance winter reliability and reduce price volatility for local distribution company customers in the region. Enbridge plans to invest $300 million in the system expansion, mostly along existing rights-of-way, pending regulatory approvals.
Enbridge also confirmed a final investment decision on the Eiger Express Pipeline (Eiger) through its Matterhorn joint venture. The project will move up to 2.5 billion cubic feet per day (Bcf/d) of natural gas via 450 miles of 42-inch pipe from the Permian Basin in West Texas to the Katy area, a key hub connected to Gulf Coast LNG export terminals and storage facilities. Eiger is scheduled for completion in 2028 and is backed by long-term contracts with primarily investment-grade shippers.
SEE RELATED: 450-Mile Eiger Express Pipeline Gets Green Light for Permian-to-Gulf Natural Gas Transport
"We continue to deliver on the $23 billion of Gas Transmission opportunities we laid out at our Investor Day in March," said Cynthia Hansen, Executive Vice President and President, Gas Transmission at Enbridge. "Today's project announcements highlight the benefits of Enbridge's scale and demonstrate our ability to support growing natural gas demand in the U.S. Northeast, and LNG exports from the U.S. Gulf Coast."
Upon completion, Enbridge expects to hold equity stakes in up to 10 Bcf/d of Permian Basin takeaway capacity, reinforcing its role in U.S. pipeline infrastructure.
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