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Summit Midstream Partners reported that it received its Notice to Proceed with construction, as well as approval of its Implementation Plan, from the Federal Energy Regulatory Commission (FERC) on the Double E gas pipeline project.
The project will serve operators in the Delaware Basin.
The company has also been granted the necessary rights-of-way on federal lands from the Department of the Interior's Bureau of Land Management (BLM) and has entered into Memorandums of Agreement regarding treatment and mitigation measures at certain cultural resource sites with the FERC and the State Historic Preservation Officers of New Mexico and Texas.
Heath Deneke, President, Chief Executive Officer and Chairman, commented, "We are pleased to report the actions of the FERC and the BLM and also re-affirm our expected Q4 2021 in-service date. Summit has also made good progress on its financing plans related to its 70% share of Double E and intends to announce additional details prior to construction activities beginning later this quarter.
"We are proud of the efficiency with which this project has achieved its key milestones on the way to creating a safe and reliable pipeline with the ability to transport natural gas from the northern Delaware to market. Our world-class development team has maintained its focus on delivering the Double E project on time and under budget and has been instrumental in advancing the project and taking another step towards start-up."
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