Kinder Morgan Energy Partners (KMP) said it bought the remaining interest in Mid-Tex Gas Storage Co. LLP (Midtex), which owns the 5 Bcf Markham storage field in Matagorda County, TX, from NiSource for $17.5 million. The deal increases Kinder Morgan’s stake in the project from 68% to 100%.
Midtex
Articles from Midtex
Kinder Morgan Adds Remaining Stake in Markham Storage Field
Kinder Morgan Energy Partners (KMP) said it bought the remaining interest in Mid-Tex Gas Storage Co. LLP (Midtex), which owns the 5 Bcf Markham storage field in Matagorda County, TX, from NiSource for $17.5 million. The deal increases Kinder Morgan’s stake in the project from 68% to 100%.
December 2, 2003
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