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MPLX LP has agreed to sell its Rockies gathering and processing assets for $1 billion in cash to Harvest Midstream. The deal includes 1.2 billion cubic feet per day of processing capacity and 700 miles of gas-gathering pipelines. MPLX plans to focus on its core business areas in the Marcellus and Permian basins. The transaction is expected to conclude in Q4 2025.

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