Saturday, February 22, 2025
U.S. Midstream mergers continue with $1.2 billion natural gas pipelines deal- oil and gas 360

U.S. Midstream mergers continue with $1.2 billion natural gas pipelines deal

(Oil Price) – 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