MPLX Acquires Equity Interest in Dakota Access Pipeline

FINDLAY, Ohio – MPLX LP announced Wednesday it has closed on a previously announced acquisition of a partial, indirect interest in the Dakota Access Pipeline and Energy Transfer Crude Oil Pipeline projects through a joint venture with Enbridge Energy Partners, L.P. MPLX, formed in 2012 by Marathon Petroleum Corp. to own, develop and operate midstream infrastructure, contributed $500 million toward the $2 billion purchase price paid by the joint venture to Energy Transfer Partners L.P. and S

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