Gulf Coast Express Pipeline Project

Pipeline solution provides takeaway capacity for prolific Permian Basin

Kinder Morgan started construction on the Gulf Coast Express Pipeline Project (GCX Project) in May 2018. The approximately $1.75 billion GCX Project is designed to transport up to 1.98 Bcf/d of natural gas from the Permian Basin to the Agua Dulce, Texas area and is now fully subscribed under long-term, binding transportation agreements. The project is expected to be in service in October 2019, pending the receipt of necessary regulatory approvals.

Shippers that have committed to the project include the following: DCP Midstream, Targa, Apache Corporation, Pioneer Natural Resources Company and XTO Energy, a subsidiary of ExxonMobil. KMTP also has committed volumes that are backstopped by a long-term purchase agreement that locks in the equivalent transport fee on the pipeline.

Kinder Morgan will build, operate and own a 50 percent interest in the GCX Project, and subsidiaries/affiliates of DCP Midstream and Targa Resources will each hold a 25 percent equity interest in the project. In addition to transportation agreements, shipper Apache Corporation has an option to purchase up to a 15 percent equity stake in the project from Kinder Morgan.

Marketing Contacts:
Dave Grisko – (713) 369-9870
Enrique Valencia – (713) 420-5017

Media Contact:
Melissa Ruiz – (713) 369-8060

Landowner Contact:
John Towles – (800) 315-0662
Project Email: GCXProject@kindermorgan.com