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Targa Resources to lay new pipeline from Permian Basin to Mont Belvieu

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Houston pipeline company Targa Resources Corp. plans to build a $1.3 billion natural gas liquids pipeline from West Texas’ Permian Basin to its plant in Mont Belvieu, east of Houston, the company said on Thursday. Targa will sell space in the new line, which it has named Grand Prix, to other companies, and also connect it ...

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