US Chesapeake to build $900m midstream service complex in Ohio

14 March 2012 21:42  [Source: ICIS news]

HOUSTON (ICIS)--US natural gas producer Chesapeake Energy will help build an integrated midstream service complex in Ohio, the company said on Wednesday.

The complex will include a natural gas liquids (NGLs) fractionator with a capacity of 90,000 bbl/day as well as NGL storage capacity of 870,000 bbl.

It will also include gathering, compression, processing, loading and terminal facilities.

Chesapeake has partnered with M3 Midstream and EV Energy Partners to build the complex. The companies will invest about $900m (€684m) over five years to build the complex.

($1 = €0.76)


By: Bobbie Clark
+1 713 525 2653



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