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MI - KMI open to a third new Permian gas takeaway pipeline - April 2019



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Kinder Morgan Inc. is considering a third gas takeaway pipeline out of the Permian Basin to go along with its Gulf Coast Express (GCX) and its Permian Highway (PHP), CEO Steven Kean told investors in a Q1 earnings call. The abundance of associated gas in the Permian resulted in the Waha gas price falling below zero for much of March with prices expected to be volatile until the GCX is completed in October. “If you look at the projections, they would......
 
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