Project Suspended
Kinder Morgan Cancels Utica / Marcellus / Texas Pipeline Project
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During its 3Q 2018 earnings presentation, Kinder Morgan reported that it had cancelled its planned Utica / Marcellus / Texas Pipeline Project affectionately called UMTP.
Here is what the company said during the call and in their 3Q18 update press release:
"KMI has determined that it will not proceed with its previously proposed Utica Marcellus Texas Pipeline (UMTP) natural gas liquids project, instead maintaining that segment of an existing TGP pipeline in natural gas service while developing an attractive project to reverse its flow. TGP is now actively pursuing commercial arrangements for natural gas service from Appalachia to the Gulf of Mexico on that segment of its pipeline. "
Colton Bean (Analyst TPH)
Got it. That’s helpful. And I guess, just as a follow-up. So, you mentioned on…
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