RBN Energy Blogcast

Manic Monday - Energy Transfer's Acquisition of WTG Midstream No Longer Includes BANGL Stake


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Energy Transfer’s plan to buy WTG Midstream, a West Texas-based and private equity-backed natural gas gatherer and processor, just got a bit less expensive — and not quite so comprehensive. Energy Transfer will still acquire WTG’s network of more than 6,000 miles of gas pipelines, eight processing plants and more, but WTG’s 20% stake in the joint-venture (JV) BANGL pipeline system is no longer part of the deal. In today’s RBN blog, we’ll take a look at the detour from the original transaction.
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RBN Energy BlogcastBy RBN Energy

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