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Enterprise announces supplemental binding open commitment period from 10 April 2015 to 11 May 2015.

M2 EQUITYBITES-April 13, 2015-Enterprise announces supplemental binding open commitment period from 10 April 2015 to 11 May 2015


Energy company Enterprise Products Partners (NYSE:EPD) disclosed on Friday the launch of a supplemental binding open commitment period to determine shipper demand for incremental capacity being added on the Aegis pipeline between Mont Belvieu, Texas and the Napoleonville, Louisiana area along the Mississippi River corridor.

This supplemental binding open commitment period begins on 10 April 2015 and ends 11 May 2015 at 17:00.

According to the company, the 270-mile Aegis pipeline system will transport purity ethane from its Mont Belvieu, Texas liquids storage complex to petrochemical facilities in Texas and Louisiana. The initial 60-mile pipe segment from Mont Belvieu to Beaumont, Texas began service in September of 2014. The remaining pipeline will be completed in two phases by the end of 2015.

The company said the incremental capacity associated with this open season is in response to the continued interest from potential shippers and is expected to be available in the first quarter of 2018 through the installation of additional pumps.

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Publication:M2 EquityBites (EQB)
Geographic Code:1U7TX
Date:Apr 13, 2015
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