{
  "id": 4631051,
  "title": "Summit Midstream reaches investment decision on pipeline expansion",
  "url": "https://urgent.news/2026/08/31/summit-midstream-reaches-investment-decision-on-pipeline-expansion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-31T11:04:36.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/summit-midstream-reaches-investment-decision-on-pipeline-expansion-93CH-4882531"
  },
  "original_language": "en",
  "account": null,
  "summary": "Summit Midstream Corporation has made a final investment decision on a mainline compression expansion project for its Double E Pipeline subsidiary. The expansion, supported by a new long-term transportation agreement, will increase the pipeline's contracted firm capacity to approximately 2.2 billion cubic feet per day. The project involves installing a bi-directional mainline compressor station, which will boost the pipeline's forward haul capacity by approximately 900 million cubic feet per day. The expansion is expected to enter service in the fourth quarter of 2028 and will cost around $100 million net to Summit's 70% ownership interest. The company has also converted an uncommitted accordion to committed financing, bringing total committed financing capacity to $100 million, which will fully fund the expected capital contributions to the project.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}