Natural Gas Pipeline Company of America

Kinder Morgan to Purchase NextEra Energy Partner’s STX Midstream

Retrieved on: 
Monday, November 6, 2023
Energy, Other Energy, Oil, Gas, Kinder Morgan, HEP, NYSE, Morgan, Dampier to Bunbury Natural Gas Pipeline, PEMEX, NextEra Energy, EBITDA, Eagle Ford, Dallas, Acquisition, Natural Gas Pipeline Company of America, Hand, KMI, Hart–Scott–Rodino Antitrust Improvements Act, LDC, Petroleum, LNG

Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) today announced that it has agreed to acquire NextEra Energy Partner’s South Texas assets, STX Midstream, for $1.815 billion.
  • STX Midstream includes a 90% interest in the NET Mexico pipeline; MGI Enterprises, a PEMEX affiliate, owns the other 10%.
  • STX Midstream owns and operates Eagle Ford Midstream, a 158-mile residue line connecting the Eagle Ford basin to the Agua Dulce Hub in Nueces County, Texas.
  • Eagle Ford Midstream is connected to multiple pipeline systems, including KMI’s Tennessee Gas Pipeline, Kinder Morgan Tejas Pipeline and Natural Gas Pipeline Company of America.

Tennessee Gas Pipeline Receives FERC Approval for Producer Certified Gas Pooling Service Proposal

Retrieved on: 
Friday, July 1, 2022
Energy, Environment, Oil, Gas, Annual report, Natural Gas Pipeline Company of America, Metal, Gasoline, Carbon, FERC, Power, Federal Energy Regulatory Commission, U.S. Securities and Exchange Commission, Forward-looking statement, Kinder Morgan, CO2, Methane, An Act to exempt a particular class of securities from the Securities and Exchange Act, Ethanol, Commercial, TGP, NYSE, Natural gas, L.L.C, SEC, KMI, PCG, RSG, Solution, Private Securities Litigation Reform Act, News, Security (finance), Oil, LNG

(TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) today received approval for its producer certified gas (PCG), or responsibly sourced gas (RSG), aggregation pooling service from the Federal Energy Regulatory Commission (FERC).

Key Points: 
  • (TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) today received approval for its producer certified gas (PCG), or responsibly sourced gas (RSG), aggregation pooling service from the Federal Energy Regulatory Commission (FERC).
  • The PCG aggregation pooling service is now available at all pooling points across the TGP system.
  • The service is designed to enable shippers on TGP to purchase and sell PCG supply at non-physical pooling locations, ultimately serving end-users, utilities, power plants and LNG facilities connected to the TGP system.
  • TGP plans to continue working with producers and customers to refine this service as regulations and markets evolve.

Kinder Morgan and Brookfield Infrastructure Announce Minority Interest Sale in Natural Gas Pipeline Company of America LLC

Retrieved on: 
Monday, February 22, 2021
Finance, Oil, Gas, Energy, Professional services, Utilities, Kinder Morgan, Natural Gas Pipeline Company of America, Brookfield Infrastructure Partners, Economy of the United States, KMI, Energy in the United States, Companies, Horizon Pipeline, Trailblazer Pipeline

Kinder Morgan, Inc. (NYSE: KMI) and Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (Brookfield Infrastructure) today jointly announced that they have agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America LLC (NGPL) to a fund controlled by ArcLight Capital Partners, LLC (ArcLight) for $830 million.

Key Points: 
  • Kinder Morgan, Inc. (NYSE: KMI) and Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN) (Brookfield Infrastructure) today jointly announced that they have agreed to sell a 25% minority interest in Natural Gas Pipeline Company of America LLC (NGPL) to a fund controlled by ArcLight Capital Partners, LLC (ArcLight) for $830 million.
  • Upon closing, KMI and Brookfield Infrastructure will each hold a 37.5% interest in NGPL, and KMI will continue to operate the pipeline.
  • Kinder Morgan and Brookfield Infrastructure are pleased to welcome ArcLight into the NGPL joint venture, said Kinder Morgan Natural Gas Pipelines President Tom Martin.
  • We believe this investment shows the value of natural gas infrastructure both today and in the decades to come.