DT Midstream to Buy Three Oneok Pipelines for $1.2 Billion
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DT Midstream Inc. has reached an agreement to buy three natural gas transmission pipelines from Oneok Inc. for $1.2 billion.
The pipelines have a total capacity of more than 3.7 billion cubic feet per day, stretching 1,300 miles (2,090 kilometers) across seven states in the Midwest, DT said in a statement Tuesday. DT will acquire 100% operating ownership in Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission.