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KMI — Kinder Morgan News Story

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Brief: Phillips 66, Kinder Morgan And HF Sinclair Announce Final Investment Decision For Western Gateway Pipeline

BRIEF-Phillips 66, Kinder Morgan And HF Sinclair Announce Final Investment Decision For Western Gateway Pipeline

- HF Sinclair Corporation DINO.N:

  • PHILLIPS 66, KINDER MORGAN AND HF SINCLAIR ANNOUNCE FINAL INVESTMENT DECISION FOR WESTERN GATEWAY PIPELINE

  • PHILLIPS 66 - TO OWN 49.9%, KINDER MORGAN 35.1%, HF SINCLAIR 15% OF PIPELINE SYSTEM

  • PHILLIPS 66 - PROJECT ENTERPRISE VALUE ABOUT $5 BILLION

  • PHILLIPS 66 - WESTERN GATEWAY PROJECT TARGETS COMPLETION IN 2029

  • PHILLIPS 66 - KINDER MORGAN TO CONTRIBUTE $250 MILLION, PHILLIPS 66 $2.50 BILLION, HF SINCLAIR $750 MILLION IN CASH

Source text: ID:nBw2cJtxHa

Further company coverage: DINO.N


((Reuters.Briefs@thomsonreuters.com))

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