HOUSTON – Kinder Morgan Texas Pipeline LLC, a subsidiary of Kinder Morgan, Inc. (NYSE: KMI) and EagleClaw Midstream Ventures, LLC, a portfolio company of Blackstone Energy Partners, announced a final investment decision to proceed with the Permian Highway Pipeline Project (PHP Project) after executing definitive joint venture agreements and securing sufficient firm transportation agreements with shippers.
The approximately $2.0 billion PHP Project is designed to transport up to 2.0 billion cubic feet per day of natural gas from the Permian Basin to growing market areas along the Texas Gulf Coast.
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Kinder Morgan lawyers involved in the transaction include:
Bill Wolf, Vice President and Deputy General Counsel; Melinda Winn, Assistant General Counsel, Steven Kolos, Assistant General Counsel; Patrick Stewart, Assistant General Counsel; Jordan H. Mintz, Chief Tax Officer; and Jeffrey A. Utay, Vice President, Tax
Bracewell lawyers involved in the transaction include:
Partners: Jason M. Jean, D. Kirk Morgan II and Elizabeth L. McGinley
Senior Counsel: Steven J. Lorch
Associates: Derek A. B. Speck, Kate B. McGregor and Lytch T. Gutmann