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17 Jun
01:00

Kinder Morgan announces binding open season for Utica Marcellus Texas Pipeline

Infrastructure giant Kinder Morgan on Wednesday launched a binding open season for the proposed $4 billion Utica Marcellus Texas Pipeline (UMTP). This would transport natural gas liquids from the Utica and Marcellus Shale plays to the Texas Gulf Coast. A binding open season, Kallanish notes, as opposed to an open season, means shippers sign a binding contract for how much pipeline capacity they want. The proposed project includes abandonment/conversio…
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