Reported about 1 year ago
A legal conflict in Louisiana involving Energy Transfer LP is hindering the construction of three pipeline projects worth over $2 billion, disrupting the industry despite not being driven by environmental concerns. The dispute revolves around the encroachment on Energy Transfer's right of ways by projects from Williams Cos., DT Midstream Inc., and Momentum Midstream, potentially setting precedent for pipeline development challenges. With the US facing increased power demand and the need for expanded pipeline capacity, the outcome of this legal battle bears significant implications for the industry.
Source: YAHOO