Energy Transfer, Entergy sign 20-year Louisiana gas transport deal

[steel long pipes in crude oil factory during sunset]
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Energy Transfer (ET [https://seekingalpha.com/symbol/ET]) and Entergy (ETR [https://seekingalpha.com/symbol/ETR]) said Tuesday they signed a 20-year natural gas firm transportation agreement [https://seekingalpha.com/pr/20293208-entergy-louisiana-and-energy-transfer-sign-agreement-that-supports-reliable-affordable-energy] to deliver energy to support development in north Louisiana.

Under the agreement, Energy Transfer (ET [https://seekingalpha.com/symbol/ET]) initially will provide 250,000 MMBtu/day beginning in February 2028 and continuing through January 2048, with an option to Entergy (ETR [https://seekingalpha.com/symbol/ETR]) to expand delivery capacity in the region to meet future energy demand.

Entergy (ETR [https://seekingalpha.com/symbol/ETR]) said the natural gas supply will help fuel its combined-cycle combustion turbine facilities, which are being developed to support projects such as Meta's new hyperscale data center.

The project includes expanding Energy Transfer's (ET [https://seekingalpha.com/symbol/ET]) Tiger Pipeline with the construction of a 12-mile lateral with a capacity of up to 1 Bcf/day.

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