Florida’s surge in natural gas demand is fueling two new expansions on Energy Transfer LP’s (ET) network across the state, with more likely to come in the near future, according to management.

Line chart titled “NGI’s Florida Gas Zone 3 Forward Fixed Price Curve” showing forward natural gas prices rising from near $3.30/MMBtu in spring 2026 to above $5.30/MMBtu in early 2027 and early 2028 before easing toward $4.50/MMBtu.

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At A Glance:

Phase 9 boosts capacity to 550 MMcf/dET signals additional expansion possibleNew capacity targets 2028, 2030