MPLX LP joined rivals in a 10% stake of the newly approved Solitude Pipeline, a multi‑year project linking Permian gas to the Gulf Coast, with first shipments expected in late 2029.
The Solitude Pipeline System received regulatory approval in mid‑August 2026 and is designed to move natural gas from the Permian Basin to demand centers on the Gulf Coast. The first phase is slated to begin transporting product in the second half of 2029, with a second phase expected to be completed in 2030.
Ownership of the pipeline is divided among several competitors: MPLX LP will hold a 10% interest, Western Midstream Partners 7.5%, and private infrastructure firm Whitewater 50%. Upstream producers Devon Energy and Diamondback Energy will own the remaining 32.5% (25% and 7.5% respectively), completing the joint‑venture.
The source notes that midstream capital projects involve large upfront costs and generate no revenue until gas flows, making shared investment arrangements common though often unnoticed. It also points out that MPLX was not included in the Motley Fool Stock Advisor’s current list of ten recommended stocks.
The article provides no detailed cost estimates, and the projected start dates depend on the project proceeding as planned; any delays could affect the timeline and revenue outlook.