PSI Midstream Partners Inks Deal for New Gas Processing Plant



PSI Midstream Partners, LP has signed pipeline connection and surface lease agreements for the construction of a new natural gas processing plant to provide NGL extraction and gas conditioning on the Transco operated Central Louisiana Lateral pipeline system located near Kaplan, Louisiana. Site construction on the new 125 MMcfd cryogenic expander plant is expected to begin during the first quarter of 2007.

PSI is a newly formed midstream asset company with a primary business focus on acquiring and constructing gathering, processing, and conditioning assets to support oil and gas production activities in Texas, Louisiana, and GOM areas.

RELATED COMPANIES
Company: PSI Midstream Partners, LP more info
 - PSI Midstream Partners Inks Deal for New Gas Processing Plant (Jan 02)