The US gas pipeline company DT Midstream has reached an agreement to acquire a portfolio of three federally regulated gas transmission pipelines in the United Staes from ONEOK for US$1.2bn. The gas pipelines have a total capacity of more than 3.7 bcf/d (105 mcm/d) with approximately 2,100 km across seven states in the Midwest market region. Under the terms of the agreement, DT Midstream will acquire 100% operating ownership of the 420 km Guardian Pipeline, the 645 km bi-directional interstate Midwestern Gas Transmission pipeline and the 1,100 km interstate Viking Gas Transmission pipeline that connects with the Canadian supply at Emerson, Manitoba (Canadaà.
DT Midstream is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada.
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