Energy Transfer (ET) reached a long-expected final investment decision (FID) on a new natural gas pipeline project that will eventually deliver 2.2 Bcf/d to growing markets connected to the company鈥檚 network near Fort Worth, Texas.

Energy Transfer announced the FID on Dec. 6, though speculation that a decision was imminent had been building for months.

During the company鈥檚 third-quarter earnings call, executives indicated the project received a boost from investors interested in expanding the Texas power supply.

Energy Transfer (ET) reached a long-expected final investment decision (FID) on a new natural gas pipeline project that will eventually deliver 2.2 Bcf/d to growing markets connected to the company’s network near Fort Worth, Texas.

Energy Transfer announced the FID on Dec. 6, though speculation that a decision was imminent had been building for months.

During the company’s third-quarter earnings call, executives indicated the project received a boost from investors interested in expanding the Texas power supply.