Enbridge joint venture to connect Permian Basin natural gas to U.S. Gulf Coast

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Enbridge joint venture to connect Permian Basin natural gas to U.S. Gulf Coast
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Under the deal, Enbridge will contribute its Rio Bravo pipeline project and US$350-million in cash to the joint venture

says it has signed a deal to form a joint venture to help connect Permian Basin natural gas to the U.S. Gulf Coast.

The joint venture will also hold the Whistler pipeline from the Permian Basin to Agua Dulce, Texas, a 70 per cent interest in the ADCC pipeline and a 50 per cent stake in the Waha Gas Storage.

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