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ONEOK sells three Midwest natural gas pipelines to DT Midstream for $1.2 billion.
ONEOK, an energy infrastructure company, has agreed to sell its three interstate natural gas pipelines—Guardian, Midwestern, and Viking Gas Transmission—to DT Midstream for $1.2 billion.
The sale, expected to close by the end of 2024, aims to enhance ONEOK's financial flexibility and reduce debt.
The pipelines have a total capacity of over 3.7 Bcf/d and are strategically located in the Midwest, expected to boost DT Midstream's pipeline segment and support future growth.
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ONEOK vende tres gasoductos de gas natural del Medio Oeste a DT Midstream por $1.2 mil millones.