MPLX LP MPLX has announced the acquisition of the remaining interest in BANGL LLC from the affiliates of WhiteWater and Diamondback Energy. The deal involves acquiring the remaining 55% interest ...

MPLX) to form a joint venture to construct and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing LNG and U.S. Gulf Coast (USGC) demand.

The 425-mile BANGL pipeline transports natural gas liquids from the Permian basin of Texas to fractionation markets along the Gulf Coast. It will help liquids to reach MPLX's Gulf Coast ...

MPLX mentioned that having full ownership over the BANGL pipeline solidifies its long-term growth prospects by connecting the growing Permian Basin NGL production to its fractionation complex on ...