Commodities
Energy Transfer Accused of Boxing Out Louisiana Pipeline Rivals
- Gas pipeline developer calls Energy Transfer anti-competitive
- Soon-to-be governor weighs in on Louisiana gas pipeline battle
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A natural gas pipeline developer is accusing Energy Transfer LP of “anticompetitive” behavior after the company denied three projects from crossing its pipelines in Louisiana, sparking a legal battle affecting more than than $2 billion of energy infrastructure.
A Momentum Midstream affiliate told a Louisiana district court that Energy Transfer is holding up its $1.6 billion project by refusing to let the firm cross the pipelines of its much larger rival. Energy Transfer owns a vital stretch of lines across East Texas and Louisiana and is seeking to expand its Gulf Run system amid booming demand for gas along Louisiana’s coast, where the fuel is chilled to a liquid for export.