Printer Friendly

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

(C)2015 M2 COMMUNICATIONS http://www.m2.com

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.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2015 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Geographic Code:1U7TX
Date:Apr 13, 2015
Words:200
Previous Article:New Source Energy Partners reveals reduction in borrowing base.
Next Article:Apache divests Kitimat LNG in British Columbia, Canada.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters