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Exxon Mobil to Acquire 40% Stake in Enterprise Products' Bahia Natural Gas Liquids Pipeline
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Exxon Mobil to Acquire 40% Stake in Enterprise Products' Bahia Natural Gas Liquids Pipeline
Nov 20, 2025 5:21 AM

07:38 AM EST, 11/20/2025 (MT Newswires) -- Exxon Mobil ( XOM ) has agreed to acquire a 40% undivided joint interest in Enterprise Products Partners' ( EPD ) Bahia natural gas liquids pipeline, Enterprise said Thursday.

The 550-mile Bahia pipeline, which will begin commercial operations after commissioning activities, will have an initial capacity to transport 600,000 barrels of natural gas liquids per day, which could increase to 1 million barrels per day upon closing of the deal, expected in early 2026, according to Enterprise.

Enterprise, which will operate the system, said it expects the expansion and extension of the pipeline to be completed in Q4 of 2027.

Financial terms were not provided.

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