Gulf Coast Express Gas Pipeline GCX

Summary Information

• Source: Permian Basin
• Destination: Agua Dulce, Texas
• Ownership: Kinder Morgan
• Website: https://www.kindermorgan.com/
• Length: kilometres (500 miles)
• Capacity: 2.0 Bcf per day
• Status: Operating

Details

• The Gulf Coast Express Pipeline LLC (GCX) is an approximately 500-mile pipeline system that transports about 2.0 Bcf/d of natural gas from the Permian Basin to the Agua Dulce, Texas area, and is fully subscribed under long-term, binding agreements.
• An expansion project will increase natural gas deliveries by 570 MMcf/d from the Permian Basin to South Texas markets. The project is scheduled for completion in 2026.

History

• 2019 - Gulf Coast Express is completed
• 2022 - Targa resources sells its 25% stake to the other partners
• 2024 - Expansion project launched
• 2024 - Phillips 66 agreed to sell its 25% stake to ArcLight Capital Partners

Other Information

• -

Links

1. EIA Natural Gas Pipeline Projects 2015-2022
2. Targa Resources Corp. Executes Agreements to Sell its Equity Interest in Gulf Coast Express Pipeline
3. Phillips 66 announces agreement to sell interest in Gulf Coast Express