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Pipeline battle shows how legal strife is clogging US energy development

Financial Times LogoFinancial Times2d ago

Pipeline battle shows how legal strife is clogging US energy development - Financial Times

Quick Summary:

In a statement to the Financial Times, Energy Transfer said it would “never regret standing up for the safety of its assets and of those whose property we cross, despite the misguided claims of Williams’ CEO.

Energy Transfer has also opposed pipeline projects by other developers including Momentum Midstream and DT Midstream over crossings with its own network.

It had been scheduled to come online this year, but the company says the clash with Energy Transfer has delayed the start date until the second half of 2025.“Holding stuff up like that — there’s consequences in that,” said Armstrong.


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Article Details

Author / Journalist: Jamie Smyth

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-30 @ 10:00:58 (2 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 816 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21423060

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About Financial Times

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Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 10 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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Publisher ID: #3

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