Enterprise's Acadian Gas is Top-Rated in Mastio's Customer Study.Business/Energy Editors Enterprise Products Partners L.P. (NYSE NYSE See: New York Stock Exchange :EPD EPD expected progeny difference. ) announced that Acadian Gas, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , its Louisiana intrastate natural gas pipeline company, was ranked number one in overall performance by Mastio & Company in the Short Haul Short distance. Short haul implies traversing a small geographic area such as a few miles at most. Contrast with long haul. See line driver. Pipeline Index in the sixth edition of Mastio's Natural Gas Transportation Customer Satisfaction Study. The Short Haul Pipeline Index is comprised of natural gas pipelines in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. which have less than 1,000 miles of pipe or serve customers in less than three states. Acadian Gas includes the Acadian, Cypress and Evangeline pipeline systems, which together include over 1,000 miles of pipeline and have over one billion cubic feet ("Bcf") per day of capacity. These pipelines supply natural gas to local gas distribution companies, electric utilities and industrial customers, including those in the Baton Rouge-New Orleans-Mississippi River corridor. The pipelines have interconnects with twelve interstate pipelines and four intrastate pipelines and a bi-directional interconnect with the largest U.S. natural gas marketplace at the Henry Hub Henry Hub is the pricing point for natural gas futures contracts traded on the New York Mercantile Exchange (NYMEX). It is a point on the natural gas pipeline system in Erath, Louisiana. It is owned by Sabine Pipe Line LLC. . Enterprise acquired Acadian Gas, LLC from an affiliate of Shell Oil Company in April 2001. "It is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to be recognized by our customers as the top-rated short-haul natural gas pipeline in the United States," stated O.S. "Dub" Andras, Enterprise's president and chief executive officer. "This is the most highly respected customer study in our industry, and Mastio & Company is widely recognized as the 'J.D. Powers' of the natural gas industry in researching customer opinion." "This ranking validates that our efforts to be responsive to our customers' needs and to provide them with safe, cost-efficient and reliable gas transportation and storage services are succeeding. The results of this survey are a testimony to the efforts of our employees, from those in field operations to those in our commercial and administrative functions," said Andras. Mastio & Company, an independent research firm, has been conducting industrial consumer opinion research for the power and natural gas industries since 1994. The results of the study were based on extensive interviews with customers to compare gas transporters on key measurements in serving and responding to customer needs plus overall day-to-day service, preference and overall performance. The study includes the responses of over 1,200 natural gas customers who are collectively responsible for transporting over 85% of the total North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. natural gas volume. Enterprise Products Partners L.P. is the second-largest publicly traded midstream energy partnership with an enterprise value of approximately $5 billion. Enterprise is a leading provider of midstream energy services to producers and consumers of natural gas and natural gas liquids ("NGLs"). The Company's services include natural gas transportation, processing and storage and NGL NGL - A dialect of IGL. fractionation fractionation /frac·tion·a·tion/ (frak?shun-a´shun) 1. in radiology, division of the total dose of radiation into small doses administered at intervals. 2. (or separation), transportation, storage and import/export terminaling. The Company's assets are geographically focused on the United States' Gulf Coast, which accounts for approximately 55 percent of both domestic natural gas and NGL production and 75 percent of domestic NGL demand. This press release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 based on the beliefs of the Company, as well as assumptions made by, and information currently available to, management. Although Enterprise believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion