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Enterprise Products Partners LP reports launch of open season for proposed expansion of Texas NGL Pipeline System.

M2 EQUITYBITES-October 20, 2011-Enterprise Products Partners LP reports launch of open season for proposed expansion of Texas NGL Pipeline System(C)2011 M2 COMMUNICATIONS http://www.m2.com

Enterprise Products Partners LP (NYSE:EPD) revealed on Wednesday the start of its binding open season with effect from 19 October 2011 at

12 noon CDT until 17:00 CST 16 November 2011.

This open season is being conducted by Skelly-Belvieu Pipeline Company LLC (Skelly-Belvieu), a joint venture partially owned and operated by an Enterprise affiliate.

The open season will reportedly seek shipper support for the planned expansion of the 570-mile Skelly-Belvieu natural gas liquids pipeline, which originates in Carson County, Texas and transports purity products from the Mid-continent to Mont Belvieu, Texas, where Enterprise owns and operates about 100m barrels of liquids storage capacity.

According to the company, the Skelly-Belvieu expansion project can be designed to accommodate about 17,000 barrels per day of incremental annual average capacity to the system, 90% of which is being made available in the open season.

Additional capacity is expected to be available in the Q4 of 2012 if there is sufficient shipper commitment, said the company.

((Comments on this story may be sent to info@m2.com)).END.PUB430>PDOctober 20, 2011>JNM2 EQUITYBITES.PRICEDATENOT APPLICABLE.DAY

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Publication:M2 EquityBites (EQB)
Geographic Code:1U7TX
Date:Oct 20, 2011
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