The pipeline project should address some of the bottleneck concerns around Permian Basin production. Kinder Morgan Texas Pipeline LLC (KMTP), EagleClaw Midstream Ventures LLC and Apache Corp. have teamed up for the Permian Highway Pipeline Project, which ideally will help alleviate some of the gas transportation challenges from the Permian Basin to markets along the Texas Gulf Coast. The $2-billion project can transport up to 2 billion cubic feet per day (Bcf/d) of gas through 430 miles of 42-inch pipeline from Waha, Texas, to the U.S. Gulf Coast and Mexico markets. Kinder Morgan is also evaluating the feasibility of a 48-inch pipeline with increased transportation capacity. The project is expected to be in service in late 2020. Gas will be sourced into the PHP Project from multiple locations, including KMI’s, EagleClaw’s and Apache’s existing systems in the Permian, with additional interconnections to intrastate and interstate pipeline systems in Waha. […]