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.”