BANGL NGL Pipeline System
Project information
As at 31 December 2025
Description
As at 31 December 2025
NGL pipeline system in which MPLX purchased the remaining 55% interest on July 1, 2025 for $703 million cash plus an earnout of up to $275 million based on targeted EBITDA growth from 2026 to 2029, bringing ownership to 100%. The system also owns a 50% undivided joint interest in a 323-mile NGL pipeline and connects Permian production to Gulf Coast fractionation and export facilities.
Processing facilities
As at 31 December 2025
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