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United States : ONEOK Partners Announces $36 Million Expansion of Sterling Natural Gas Liquids Distribution Pipeline.

ONEOK Partners, L.P. today announced plans to install seven additional pump stations for approximately $36 million along its existing Sterling I natural gas liquids (NGL) distribution pipeline, increasing its capacity by 15,000 barrels per day, which will be supplied by the partnership's Mid-Continent NGL infrastructure.

The Sterling I pipeline transports NGL purity products from the partnership's fractionator in Medford, Okla., to the Mont Belvieu, Texas, market center and is currently operating at capacity.

"This expansion enables us to transport additional NGL purity products for our customers under fee-based contracts, as well as to increase the capacity available for our optimization activities," said Terry K. Spencer, ONEOK Partners chief operating officer.

"Our natural gas liquids optimization activities between the Mid-Continent and the Gulf Coast will be substantially enhanced by this expansion and by the additional capacity that will become available at our Mont Belvieu fractionator as a result of a significant contract expiring in the third quarter 2010 and when our 60,000 barrel per day fractionation services agreement with Targa Resources Partners begins in the second quarter 2011," Spencer concluded.

The pump station installation will begin later this year and is expected to be completed in the second half of 2011. In addition to the Sterling I project, the partnership continues to evaluate additional expansion of its Mid-Continent to Gulf Coast NGL distribution pipeline capacity, based on demand for its services.

ONEOK Partners owns a natural gas liquids system in the Mid-Continent and the Gulf Coast, which includes fractionators and storage in Mont Belvieu, Texas; Bushton, Conway and Hutchinson, Kan.; and Medford, Okla. It also owns interstate natural gas liquids distribution pipelines between Conway and Mont Belvieu, and NGL and refined petroleum products distribution pipelines that connect its Mid-Continent NGL infrastructure to Midwest markets, including Chicago.

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Date:Jul 28, 2010
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