According to the statement, the total purchase price was approximately US$76 million and includes the Corpus Christi Pipeline Network and Bay City Lateral.
Kinder Morgan Natural Gas Midstream President, Sital Mody, said: “We continue to focus on opportunities to increase our natural gas connectivity to meet LNG facilities, Gulf Coast power, industrial and petrochemical demand.
“These assets are a nice complement to our existing Texas portfolio of assets and allow for further connectivity on our Texas Intrastate system.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07112019/kinder-morgan-closes-on-southcross-energy-assets/
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