MarkWest To Provide Statoil Marcellus Midstream Services
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MarkWest Liberty Midstream & Resources, L.L.C., a partnership between MarkWest Energy Partners, L.P. (NYSE: MWE) and The Energy & Minerals Group, today announced the execution of a long-term agreement with Statoil Natural Gas LLC (“Statoil”), an existing producer customer of MarkWest Liberty and a wholly owned subsidiary of Statoil ASA (NYSE:STO), to provide additional natural gas midstream services for Statoil’s rich-gas Marcellus acreage in northern West Virginia.
MarkWest Liberty will provide the midstream services at its Majorsville, West Virginia processing complex, which is operating near capacity. MarkWest Liberty is nearing completion of an expansion of its cryogenic processing capacity at Majorsville, and is evaluating additional processing expansions to serve increasing…
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