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A trio of midstream companies—Enbridge, Whitewater and MPLX—will work together to build infrastructure to transport Permian Basin natural gas to Gulf Coast LNG terminals.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,912.52, down 29.76 points): Toronto-Dominion Bank. (TSX:TD). Finance. Up eight cents, or 0.10 per cent, to $81.04 on 16.
Enbridge and MPLX are boosting their ability to pay dividends.
Enbridge has agreed to form a JV with WhiteWater, I Squared Capital, and MPLX to connect natural gas supply from the Permian Basin.
Enbridge Inc. (ENB.TO, ENB) has entered into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP to form a joint-venture that will develop, construct, own, and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing LNG and U.