NGL Energy buys SemStream's NGL assets for $283 million

08/31/2011 | Wall Street Journal, The

NGL Energy Partners is paying approximately $283 million to buy SemStream's natural gas assets. The deal, which is expected to close in the fourth quarter, includes 12 natural gas liquids terminals and an underground leased NGL storage with a capacity of 3.7 million barrels.

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Wall Street Journal, The