EQT Midstream Partners agreed to acquire EQT Corporation’s Jupiter natural gas gathering system for USD 1.18 billion. EQT will receive USD 1.12 billion in cash and USD 59 million in common and general partner units. EQT Midstream Partners will fund USD 182 million worth of expansion projects related to Jupiter. The Jupiter system’s total pipeline capacity is 970 MMcf/D. The system is approximately 35 miles in length and gathers EQT’s Marcellus production in portions of Greene and Washington counties in Pennsylvania.
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