Western Gateway, a Phillips 66 and Kinder Morgan project, aims to ease a West Coast fuel deficit by moving Midcontinent products into growing western markets.
DNO said it secured up to US$410 million in related offtake financing facilities as part of the agreements.
After a 2025 scramble to lock in credits, developers are expected to pivot to financing and execution, analysts say.
With LNG demand growing on the Gulf Coast, the Haynesville is asserting itself as the nation’s most immediately scalable natural gas play.
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