Targa Resources Ups 2018 Capex to $1.6 Billion as Demand Grows on Gulf Coast

SUGAR LAND--February 21, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Targa Resources Corporation (NYSE:TGRP) (Houston, Texas) plans to spend more in 2018 on growth-related capital projects, in response to growing demand for natural gas and natural gas liquids (NGL)--particularly along the U.S. Gulf Coast, where the company expects to add substantially to its capacity. Industrial Info is tracking $2.44 billion in active projects involving Targa, almost all of which are set to begin or finish construction this year. Within this article: Details on some of Targa's highest-valued projects, including the Gulf Coast Express and Grand Prix pipelines and several natural gas-processing facilities in and around the Permian Basin. Other companies featured: Kinder Morgan Incorporated (NYSE:KMI) and DCP Midstream LP (NYSE:DCP)