The joint venture including WhiteWater, MPLX, Enbridge and Targa reached a final investment decision (FID) today to build the Traverse Pipeline. The line will have a maximum capacity of 1.75 Bcf/d and will connect to Agua Dulce as well as the Katy area. The line will have connections to Whistler and Blackcomb in the South, as well as Matterhorn Express in the North. As we discussed in Any Way You Want It, the bidirectional line gives the joint venture the ability to move gas up and down the Gulf Coast in response to market needs. This has important implications for Matterhorn Express, which has key downstream capacity still unused despite the dire need for Permian egress.

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