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Kinder Morgan, DCP to Jointly Develop Gulf Coast Express Pipeline

DCP Midstream LP Kinder Morgan, Inc.
AnnouncedApr 12, 2017
TypeJV
Announced Date
April 12,2017
Transaction Type
JV




Snapshot
Location
Region
Gulf Coast

Country
United States

State
Texas


Transaction Details:  Subscribe to see

Kinder Morgan and DCP Midstream LP have signed a letter of intent for DCP to participate in the development of the proposed Gulf Coast Express pipeline project that will connect Permian basin gas production with the Texas Gulf Coast.

The project is designed to transport up to 1.7 million dekatherms/day of gas through 430 miles of 42-in. pipeline from the Waha, Tex., area to Agua Dulce, Tex. The pipeline is expected to be in service in second-half 2019, subject to shipper commitments.

DCP is expected to be a partner and shipper on the proposed pipeline. KMI will build and operate the line.

DCP…

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