Other partners in the pipeline project are also fined.
Company chooses CCS as its technical solution.
The crude oil line will link Cushing to Borger, Texas.
The MOU, which includes Keystone XL, is one of the largest of its kind in North American infrastructure.
Kinder Morgan's pipeline, Lockridge, is designed to remove natural gas from the Permian Basin where pipeline capacity has not kept up with the amount of gas associated with oil production.
The revitalized terminal is not only expected to connect the Port of Calhoun to both the Eagle Ford and Permian basins but also create more than 1,000 jobs in the Lone Star State, Max Midstream President Todd Edwards says.
Equitrans started construction of the Mountain Valley pipeline in February 2018 designed to deliver 2 Bcf/d of natural gas from the Marcellus and Utica shale.