Open Season Launched for Midship Project

Midship Pipeline Company, LLC, a wholly owned subsidiary of Cheniere Energy, Inc., has signed precedent agreements with foundation shippers to support construction of the Midship Project and has launched a binding open season to solicit additional long-term commitments from shippers. The transactions contemplated by the precedent agreements are subject to satisfaction of various conditions.

The Midship Project includes approximately 200 miles of 36-inch diameter new mainline pipeline, several laterals, compressor stations and interconnects that will provide receipts from STACK and SCOOP processing plants and deliveries to Bennington, Oklahoma, the TexOk hub near Atlanta, Texas, and the Perryville Hub near Tallulah, Louisiana. Once finished, the Midship Project will create pipeline capacity of up to 1,400,000 Dekatherms per day of firm transportation to connect production from the emerging STACK and SCOOP resource plays in the Anadarko Basin in Oklahoma to growing Gulf Coast and Southeast markets.

“We are pleased to help facilitate a market solution to STACK and SCOOP producers as they continue to make exciting progress in this important resource basin,” said Jack Fusco, Cheniere’s President and CEO. “Not only will the Midship Project help meet the Anadarko Basin’s need for additional natural gas takeaway and serve demand along the Gulf Coast, it also demonstrates the uniquely integrated market solution Cheniere can provide by leveraging our LNG platform along the entire value chain.”

The open season was launched at 9:00 a.m. CDT on Friday, March 17, 2017 and will conclude at 3:00 p.m. CDT on Thursday, March 30, 2017. Following the open season, the company plans to submit its official FERC 7C application and presently targets an in-service date of early 2019.

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