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Spectra Energy to Acquire BIG Pipeline from ConocoPhillips

Spectra Energy Corp., Spectra Energy Partners, Lp ConocoPhillips
AnnouncedJan 23, 2015
TypeAsset
Announced Date
January 23,2015
Transaction Type
Asset




Snapshot
Location
Region
North America

Country
United States

State
Texas


Transaction Details:  Subscribe to see

Spectra Energy Corp and Spectra Energy Partners announced that, through their affiliate, Spectra Energy Transmission II, LLC (SET), they have entered into a purchase and sale agreement to acquire from ConocoPhillips Company 100 percent of the equity interests in Brazoria Interconnector Gas Pipeline, LLC (BIG), which owns the BIG Pipeline.

The BIG Pipeline is a 42-inch natural gas pipeline in Brazoria County, Texas, with a capacity of approximately 1.8 billion cubic feet per day. It extends 30.5 miles between Stratton Ridge on its south end to a point near Iowa Colony in northern Brazoria…

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