Houston midstream co. sells Louisiana gas assets in $2.65B deal

Houston-based Momentum Midstream has reached a $2.65 billion deal selling a natural gas gathering system and pipeline project in Louisiana.

Momentum and Houston-based Indigo Natural Resources — the primary producer feeding into the system — are selling full ownership if the Haynesville Basin assets to Detroit-based DTE Energy Co. (NYSE: DTE). Both the gathering system and pipeline are fully contracted to customers, but the pipeline isn’t operational yet. The latter asset will enter service…


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