Enterprise Offering Additional Capacity on Aegis Ethane Pipeline System

abarrelfullabarrelfull wrote on 17 Apr 2013 06:04
Tags: enterprise n-america pipeline us

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Enterprise Products Partners L.P. (NYSE:EPD) today announced the start of a supplemental binding open commitment period to determine additional shipper demand for capacity on and the size of the Aegis pipeline. Aegis is a new 270-mile pipeline system designed to transport purity ethane from Enterprise’s Mont Belvieu, Texas liquids storage complex to petrochemical facilities in Texas and Louisiana. Enterprise has already received sufficient commitments to move forward with the project, which is scheduled to begin commercial operations in 2014, but continues to receive interest from potential shippers.

The supplemental binding open commitment period, which begins today and ends May 9, 2013 at 5 p.m. CDT, will accommodate those that have expressed interest in executing long-term transportation agreements. For commercial inquiries or additional information, please contact Russ Kovin at (713) 381-7925 or moc.dorpe|nivokr#moc.dorpe|nivokr. The final design of the pipeline, including capacity and delivery points, will be determined based on binding agreements negotiated at the conclusion of the supplemental binding open commitment period.

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