Midstream giant Williams said Wednesday that it has reached a deal to acquire a portfolio of Gulf Coast natural gas storage assets from an affiliate of Hartree Partners LP for $1.95 billion, capping a busy year for storage acquisitions and expansions. The deal includes six natural gas storage facilities with a total capacity of 115…
Hartree
Articles from Hartree
Mitsui’s LNG Shipping Unit Invests in Delfin LNG Project Ahead of Anticipated October FID
Delfin Midstream Inc. has finalized an investment agreement with shipping giant Mitsui O.S.K. Lines Ltd. (MOL) for its Delfin LNG export project ahead of a possible final investment decision (FID) later this year. Delfin disclosed MOL has agreed to take an undisclosed stake in the proposed Louisiana offshore liquefied natural gas project and will be…
June 12, 2023
Delfin LNG Project Said on Track for FID by Mid-2023 After Hartree SPA
Delfin Midstream Inc. on Monday announced another binding agreement to sell LNG to an affiliate of commodity trader Hartree Partners LP and said it expects to sanction its floating offshore production facility in the Gulf of Mexico (GOM) by the middle of the year. Under the sales and purchase agreement (SPA), Delfin would sell 0.6…
April 24, 2023
Plains to Offload Gulf Coast Storage Facilities for $850M
Plains All American LP plans to sell a pair of natural gas storage facilities on the Gulf Coast for $850 million, putting it on track to exceed its 2021 divestiture target in a single blow. The company said Tuesday it would sell the Pine Prairie facility in southern Louisiana and Southern Pines in eastern Mississippi…
June 8, 2021
Martin Midstream Unloads Southeastern Natural Gas Storage Assets for $215M
As part of an asset refocusing plan, Martin Midstream Partners LP (MMLP) has agreed to sell its membership interests in four natural gas storage facilities in the southeastern United States to Hartree Cardinal Gas LLC for $215 million.
June 10, 2019
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