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Phillips 66, Kinder Morgan, HF Sinclair approve Western Gateway pipeline project

Phillips 66, Kinder Morgan, HF Sinclair approve Western Gateway pipeline project

- Phillips 66 PSX.N, Kinder Morgan KMI.N and HF Sinclair DINO.N have finalized a joint venture agreement and made a final investment decision to move forward with the proposed Western Gateway Pipeline system, the companies said on Tuesday.

The project's enterprise value is about $5.0 billion, the companies added.


(Reporting by Pooja Menon in Bengaluru; Editing by Jonathan Ananda)

((Pooja.Menon@thomsonreuters.com;))

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