Pipelines, Storage & Power

Developers sign letter of intent to build Permian Highway

Kinder Morgan, EagleClaw Midstream Ventures and Apache have signed a letter of intent to develop the proposed Permian Highway Pipeline in the United States
By Staff reporter 27 June 2018 0 31495

Kinder Morgan, EagleClaw Midstream Ventures and Apache have signed a letter of intent to develop the proposed Permian Highway Pipeline in the United States, Kinder Morgan announced on Tuesday.

The $2 billion pipeline will have a capacity of 56.6 million cubic metres per day and will stretch 692 km, providing an outlet for increased gas production from the Permian Basin in Texas to growing markets along the state’s coast.

Kinder Morgan and EagleClaw, a subsidiary of Blackstone’s energy-focused private equity business,...