OKE - ONEOK files application for new natural gas pipeline near U.S.-Mexico border

• ONEOK ( NYSE: OKE ) said Tuesday its unit filed a permit application with FERC for a new intrastate natural gas pipeline which would connect Permian Basin's production to international markets.
• The company's Saguaro Connector Pipeline subsidiary filed a presidential permit application to construct and operate facilities near the U.S.-Mexico border-crossing in Hudspeth County, Texas.
• The potential Saguaro Connector Pipeline would consist of about 155 miles of 48-inch-diameter natural gas pipeline originating at the Waha Hub in Pecos County, Texas.
• The ultimate design capacity of the potential pipeline would be about 2.8 billion cubic feet per day.
• Final investment decision on the potential pipeline is expected by mid-2023

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