Nov. 5 at 11:51 PM
$ET from the call today:
A pipeline will be constructed to connect Canada heavy crude with the Dokota Access pipeline.
Pipeline expansion has created situation where pipeline alignment is in close proximity to data centers. It'd be low capital expense to connect to data centers with laterals over relatively short distances. This would create pull demand leading to better pipeline utilization.
Lake Charles LNG export terminal project will be go forward when ET has secured 80% equity stake by other investors.
Highlighted contracts to supply natural gas power plants in the southwest. The pipeline construction to supply these customers lead to the realization data centers could be connected to the network. Realization was in the last year.
There was talk about a deal with
$ENB an analyst brought up in the QA.
They used the word exciting a lot to describe the future despite underwhelming results for the 3rd quarter and reduced EBITDA guidance for the year.
