#United States #The Woodlands #Entergy Texas #Kinder Morgan #Golden Pass LNG

Entergy Texas and Kinder Morgan Collaborate for Energy Development

In a significant development for the energy sector in Southeast Texas, Entergy Texas has announced a historic partnership with Kinder Morgan, aimed at securing a robust supply of natural gas to support the region's burgeoning industrial, commercial, and residential growth. The agreement also involves collaboration with Golden Pass LNG, marking a pivotal moment in the development of energy infrastructure in the area.

The partnership is a key component of Kinder Morgan's ambitious $1.7 billion Trident Intrastate Pipeline project. This extensive initiative, spanning 216 miles, will facilitate the transportation of natural gas from the Permian Basin and other sources to the Katy hub, ultimately supplying it to industries in the Port Arthur vicinity. This effort is particularly crucial as it addresses the existing constraints on natural gas supply in the region, paving the way for better energy accessibility.

Eliecer Viamontes, the president, and CEO of Entergy Texas, emphasized the importance of this agreement, stating, "This strategic partnership demonstrates our commitment to delivering long-term value for our customers and communities. The deal is a central element of our Southeast Texas Energy Plan (STEP Ahead plan), designed to establish a sustainable energy future for the region."

The benefits of this agreement are multifaceted and include:

1. Cost Reductions for Consumers: By tapping into competitive natural gas markets via the Katy hub, Entergy Texas can offer significant fuel cost savings directly to its consumers, benefiting households and businesses alike.

2. Reliable Energy Supply: With this partnership, Entergy Texas affirms its ability to provide a consistent and dependable natural gas supply, essential for its proposed Legend and Lone Star Power Stations, thus supporting the escalating energy demands of Southeast Texas.

3. Increased Flexibility and Reliability: The new pipeline will empower Entergy Texas to enhance its operational adaptability across nearly all power generation facilities, including the Spindletop underground natural gas storage caverns, ensuring reliable energy distribution even under varying conditions.

4. Economic Growth Catalyst: This collaboration stands to unlock further economic development opportunities within the region, fostering long-term growth and job creation.

The anticipated completion of the Trident Intrastate Pipeline is set for early 2027, coinciding with the launch of several major industrial initiatives in Southeast Texas. Once operational, the pipeline is projected to transport around 1.5 billion cubic feet of natural gas per day, with potential expansions bringing the capacity up to 2.8 billion cubic feet per day. This infrastructural backbone will guarantee reliable energy supplies for decades, reinforcing Texas’s position as a leader in energy production.

Sital Mody, President of KMI Natural Gas, expressed optimism about the project, noting, "We are pleased to support our customers' growing needs for natural gas. The Trident Intrastate Pipeline Project is crucial to address the rising demands across power generation, industry, and LNG sectors in Texas."

Jeff Hammad, Chief Commercial Officer for Golden Pass LNG, added, "This strategic project boosts our access to a steady supply of natural gas, crucial for our LNG terminal operations, enabling us to fulfill our mission as a premier LNG supplier from North America."

For those interested in Delving deeper into Entergy Texas’s Southeast Texas Energy Plan and its future vision, further information can be found at www.entergytexasstepahead.com.

About Entergy Texas

Entergy Texas, Inc. is responsible for supplying electricity to approximately 512,000 customers across 27 counties, forming a critical part of the Midcontinent Independent System Operator Inc. power grid. As a subsidiary of Entergy Corporation (NYSE: ETR), a prominent player in the energy sector, Entergy Texas is dedicated to enhancing the safety, reliability, and sustainability of energy delivery while continually investing in community development initiatives.

About Kinder Morgan, Inc.

Kinder Morgan, Inc. is one of North America’s largest energy infrastructure firms, managing a vast network of pipelines and terminals. Committed to delivering energy in a safe and environmentally responsible manner, Kinder Morgan plays a vital role in advancing energy solutions that benefit communities and businesses alike.

About Golden Pass LNG

Golden Pass LNG is focused on providing premier LNG supply solutions, ensuring that the region is well-equipped to meet the growing energy demands of both local and international markets.

This landmark agreement between Entergy Texas, Kinder Morgan, and Golden Pass LNG underscores the importance of collaborative efforts in securing a sustainable energy future for Southeast Texas, promising an era of growth, reliability, and economic vitality.