Reuters logo
BRIEF-American Midstream announces Cayenne pipeline Joint Venture
August 8, 2017 / 10:46 AM / in 4 months

BRIEF-American Midstream announces Cayenne pipeline Joint Venture

Aug 8 (Reuters) - American Midstream Partners LP

* American Midstream announces Cayenne pipeline joint venture

* American Midstream Partners LP - ‍project has received necessary change of service permits and is expected to be fully operational by year-end 2017​

* American Midstream Partners-Pipeline will have initial capacity of over 40,000 barrels per day with ability to throughput more than 50,000 barrels per day

* American Midstream Partners - Co is contributing underutilized natural gas pipeline that will convert into high value, natural gas liquids service​

* American Midstream Partners-Co, Targa will each have 50% economic interests,50% voting rights, respectively, with Targa serving as operator of venture

* American Midstream Partners - ‍entered into JV agreement between Co and Targa Midstream Services LLC, creating Cayenne Pipeline LLC​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below