financetom
Business
financetom
/
Business
/
WhiteWater, partners greenlight construction of Eiger Express Pipeline
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
WhiteWater, partners greenlight construction of Eiger Express Pipeline
Aug 25, 2025 4:33 AM

Aug 25 (Reuters) - WhiteWater and its partners have

reached a final investment decision to move ahead with the

construction of the Eiger Express Pipeline, the infrastructure

firm said on Monday.

The Eiger Express Pipeline is designed to transport up to

2.5 billion cubic feet per day (Bcfpd) of natural gas through

about 450 miles of 42-inch pipeline from the Permian Basin to

the Katy area in Texas.

WhiteWater and midstream companies MPLX LP ( MPLX ), ONEOK ( OKE )

and Enbridge ( ENB ), through their Matterhorn joint

venture, reached the decision after securing sufficient

transportation deals with primarily investment grade shippers.

Midstream companies typically reach a final investment

decision on projects once they have secured enough supply deals

to obtain the necessary financing for construction.

The pipeline will be constructed and operated by

WhiteWater and is expected to be in service in mid-2028.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Astra Exploration Announced C$5 Million Private Placement
Astra Exploration Announced C$5 Million Private Placement
Sep 30, 2025
09:13 AM EDT, 09/30/2025 (MT Newswires) -- Astra Exploration ( ATEPF ) , which lost 8% yesterday, overnight Monday announced a bought deal private placement for aggregate gross proceeds of near C$5 million. The company said it entered into an agreement with a syndicate investment dealers that has agreed to purchase 8.065 million shares at C$0.62 each. It also granted...
Sector Update: Consumer Stocks Lean Lower Premarket Tuesday
Sector Update: Consumer Stocks Lean Lower Premarket Tuesday
Sep 30, 2025
09:13 AM EDT, 09/30/2025 (MT Newswires) -- Consumer stocks were leaning lower premarket Tuesday, with the Consumer Staples Select Sector SPDR Fund ( XLP ) slightly declining and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) down 0.2%. United Natural Foods ( UNFI ) shares were up more than 5% after the company reported a narrower fiscal Q4...
Vaxcyte to Expand Fill-Finish Manufacturing Capacity in US; Shares Up Pre-Bell
Vaxcyte to Expand Fill-Finish Manufacturing Capacity in US; Shares Up Pre-Bell
Sep 30, 2025
09:12 AM EDT, 09/30/2025 (MT Newswires) -- Vaxcyte ( PCVX ) said Tuesday that Thermo Fisher Scientific ( TMO ) will provide custom commercial fill-finish capacity for Vaxcyte's ( PCVX ) broad-spectrum pneumococcal conjugate vaccines at its North Carolina facility. The company said its new agreement with Thermo Fisher is a key element of its long-term commercial supply strategy in...
United Natural Foods CEO Says Company Effectively Navigated Cyber Incident, Eyes Growth Ahead
United Natural Foods CEO Says Company Effectively Navigated Cyber Incident, Eyes Growth Ahead
Sep 30, 2025
United Natural Foods Inc. ( UNFI ) stock traded higher on Tuesday after posting fiscal fourth-quarter 2025 results that beat analyst forecasts despite weaker year-over-year sales. The wholesale distributor reported net sales for the quarter of $7.70 billion, surpassing Wall Street’s estimate of $7.64 billion, which fell 5.6% from $8.16 billion a year earlier. UNFI’s fourth-quarter results were heavily affected...
Copyright 2023-2026 - www.financetom.com All Rights Reserved