Progress on the Permian Global Access Pipeline has reportedly come to halt thanks to industry struggles during the global pandemic.
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The pipeline, which would connect Texas and New Mexico to markets in the Gulf Coast, was proposed in 2017 before being approved to start the application process in 2019.
Construction was expected to officially start in 2022. Total cost for the project was estimated to be somewhere around $3.7-4.2 billion.
The official start had already been deferred once back in August. However, Tellurian withdrew the application to build the pipeline in December, citing the instability of the fossil fuel industry during the global pandemic.
The company did say it would consider resuming the project in the future if market conditions became more favorable.
The pipeline would have stretched 625 miles, from Pecos County, Texas to Jefferson Davis Parish in Louisiana.
For more information on the Permian Global Access Pipeline you can visit the website.
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