Texas-based independent energy company Aspen Midstream has reached a final investment decision on its midstream infrastructure Aspen Katy Hub header facility, it said on Wednesday.
The facility, expected to be completed in Q1 2027, is expected to make available about 3 billion cubic feet per day of total receipt and delivery capacity with eight major natural gas pipelines, the company said in a statement.
The project will ensure bi-directional natural gas connectivity in the Katy, Texas region by linking domestic supply to liquified natural gas, power, and industrial markets along the Gulf Coast, the company said.
The project involves installation of new compression and include low- and high-pressure header systems.
The facility has already secured long-term, take-or-pay contracts from investment grade shippers.