EQT Announces Purchase of Midstream Assets in Move to Create $35bn Gas Group
Monday, 11 March 2024, 17:09
EQT's Strategic Move in the Gas Sector
EQT, one of the leading natural gas producers in the US, has announced a game-changing deal to purchase midstream assets it previously owned. This move is set to bolster the company's integrated gas capabilities,
Key Highlights:
- Acquisition of Midstream Assets: EQT has finalized the purchase of midstream assets, amounting to $35bn, showcasing a strategic investment in the gas sector.
- Enhancing Integrated Gas Operations: The acquisition is aimed at strengthening EQT's position in the market, enabling streamlined and efficient gas operations.
With this significant move, EQT is poised to become a key player in the integrated gas market, setting the stage for future growth and expansion.
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