Published: November 13, 2019 |

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Kinder Morgan Tejas Pipeline, LLC (Tejas), a subsidiary of Kinder Morgan, closed on its acquisition of certain natural gas pipeline assets owned by Southcross Energy. The total purchase price was approximately $76 million and includes the Corpus Christi Pipeline Network and Bay City Lateral.

“We continue to focus on opportunities to increase our natural gas connectivity to meet LNG facilities, Gulf Coast power, industrial and petrochemical demand. These assets are a nice complement to our existing Texas portfolio of assets and allow for further connectivity on our Texas Intrastate system,” said Kinder Morgan Natural Gas Midstream President Sital Mody.

About Kinder Morgan
Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. Their mission is to provide energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of people, communities, and businesses. Their vision is delivering energy to improve lives and create a better world. They own an interest in or operate approximately 84,000 miles of pipelines and 157 terminals. Their pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and their terminals transload and store liquid commodities including petroleum products, ethanol and chemicals, and bulk products, including petroleum coke, metals and ores.

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