EQT announces joint venture with Blackstone for midstream assets
Under the terms of the agreement BXCI will provide EQT US$3.5 billion of cash consideration in exchange for a non-controlling common equity interest in the JV.
Under the terms of the agreement BXCI will provide EQT US$3.5 billion of cash consideration in exchange for a non-controlling common equity interest in the JV.
The US Energy Information Administration (EIA) has reported that if Europe and Asia experience colder temperatures this winter than in the past two years, global supply-demand balances could tighten, leading to elevated natural gas prices and potential price spikes.