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U.S. Midstream Mergers Continue With $1.2 Billion Natural Gas Pipelines Deal ...Middle East
Pipeline owner and operator DT Midstream will buy three interstate natural gas pipeline systems from ONEOK for $1.2 billion in cash as the consolidation in the industry has extended to midstream operations. Detroit-based DT Midstream, which owns and operates natural gas pipelines in the Southern, Northeastern, and Midwestern United States, as well as Canada – reached an agreement to buy 100% operating ownership in the three FERC-regulated natural gas transmission pipelines from ONEOK. These pipeline systems, Guardian Pipeline, Midwestern…
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