Kinder Morgan Inc. (KMI), the leading US pipeline feed-gas company for liquefied natural gas plants and a key energy infrastructure operator and developer, said it agreed to acquire STX Midstream, the South Texas unit of NextEra Energy Partners, for $1.815 billion.
US pipeline operator Kinder Morgan said a minority stake of 25 percent had been sold in the 9,000-mile Natural Gas Pipeline Company of America, which supplies city gas to Chicago and feed gas to LNG plants on the Gulf Coast of Texas and Louisiana.
The US Federal Energy Regulatory Commission has granted a request by the Golden Pass LNG export project being built on the Sabine-Neches Waterway in Texas by Qatar Petroleum and ExxonMobil to change the ownership status of pipeline assets.