MPLX LP to Sell Rockies Gathering and Processing Assets to Harvest Midstream for $1 Billion
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MPLX LP has agreed to sell its Rockies gathering and processing assets to Harvest Midstream for $1 billion in cash. The sale includes natural gas gathering and transportation pipelines with a processing capacity of 1.2 billion cubic feet per day, operating at 52% in 2024. The transaction is expected to close in Q4 2025, aligning with MPLX's strategic focus on growth in the Marcellus and Permian basins.
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