Phillips 66, Kinder Morgan, HF Sinclair Approve $5B Western Gateway Project

$5 Billion Texas Fuel Pipeline Project Gets Final Investment Decision

Phillips 66, Kinder Morgan, Inc., and HF Sinclair Corporation announced Tuesday they have finalized a joint venture agreement and reached a final investment decision to proceed with the Western Gateway Pipeline system. The approximately $5 billion project will create a new refined products pipeline route from Texas and other origin points to Arizona and California. Under the joint venture, Phillips 66 will own 49.9%, Kinder Morgan 35.1%, and HF…

Phillips 66, Kinder Morgan, HF Sinclair Approve $5B Western Gateway Fuel Pipeline Project

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

Aug 11 (Reuters) - Phillips 66, Kinder Morgan and HF Sinclair said ​on Tuesday they ‌have finalized a joint venture agreement and decided to proceed with the ‌proposed $5 ​billion Western ⁠Gateway Pipeline system. Phillips ⁠66 will own 49.9% of the joi...

Phillips 66, Kinder Morgan, HF Sinclair to move forward with $5B Western Gateway Pipeline (KMI:NYSE)

Phillips 66, Kinder Morgan and HF Sinclair finalized a joint venture agreement and made a final investment decision to build the proposed $5B Western Gateway Pipeline system.

Phillips 66, Kinder Morgan, HF Sinclair approve $5B Western Gateway project

Three energy firms formed a $5 billion joint venture to build the 1,300-mile, 230,000 bpd Western Gateway refined products pipeline to the U.S. West Coast, with operations targeted for 2029.