Entergy (ETR) said late Tuesday it had reached a transportation agreement with Kinder Morgan (KMI) to secure natural gas supply for the region's growing industrial, commercial, and residential needs.
The deal, developed in collaboration with Golden Pass LNG, is part of Kinder Morgan's $1.7 billion Trident Intrastate Pipeline project, the company said.
Entergy said the 216-mile pipeline will transport natural gas from the Permian Basin to the LNG and industrial corridor near Port Arthur, Texas, helping alleviate supply constraints.
Expected to be operational in early 2027, the pipeline will initially transport 1.5 billion cubic feet per day of natural gas, with potential expansion up to 2.8 billion cubic feet per day, it added.
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