Deals - Acquisition, Mergers, Divestitures
Kinder Morgan/Copano Announce Eagle Ford Midstream Joint Venture
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Kinder Morgan Energy Partners, and Copano Energy, announced plans to expand the scope of their Eagle Ford Gathering LLC joint venture. Eagle Ford Gathering will provide more than 200,000 MMBtu per day of incremental gathering and processing capacity to producers in the Eagle Ford Shale through construction of additional pipeline facilities and a long-term agreement with Formosa Hydrocarbons Company (Formosa) for additional processing and fractionation services.
In addition to 111 miles of pipeline currently under construction, Eagle Ford Gathering will build a 54-mile, 24-inch diameter crossover pipeline between existing Kinder Morgan pipelines, and an additional 20-mile, 20-inch diameter pipeline that will enable the joint venture to deliver gas to Formosa. Kinder Morgan will construct…
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