DT Midstream Inc. has agreed to purchase three natural gas transmission pipelines from Oneok Inc. for $1.2 billion.
The acquisition includes the Guardian Pipeline, Midwestern Gas Transmission, and Viking Gas Transmission, which have a combined capacity of over 3.7 billion cubic feet per day.
These pipelines span about 1,300 miles across seven states in the Midwest, expanding DT Midstream"s operations in the region.
This acquisition will give the company full operational control of the assets involved.