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US-based Williams grows gas storage, transmission footprint in Texas with NorTex deal

September 9, 2022 Comments Off

US midstream operator Williams has closed a $423 million deal to purchase NorTex Midstream, an operator of natural gas pipeline and storage assets in North Texas, from an affiliate of Tailwater Capital, the company said in a press release Sept. 8. With the deal, Williams acquires 80 miles of fully contracted gas transmission pipelines and 36 Bcf of natural gas…