Enterprise Provides Update on Incident at Mont Belvieu

abarrelfullabarrelfull wrote on 09 Feb 2011 06:32
Tags: enterprise fire refinery texas usa

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Enterprise Products Partners L.P. (NYSE: EPD) announced today its west storage facility at its Mont Belvieu complex, located approximately 35 miles east of Houston, Texas experienced a fire. One worker is presently unaccounted for at this time. Once the fire is extinguished, Enterprise will be able more fully to assess damage to the facility.

The partnership's main facilities at Mont Belvieu were not damaged and remain operational, which includes the natural gas liquids fractionators, the propylene fractionators, the butane isomerization units, the octane enhancement facility, north and east facilities and the import/export terminals located on the Houston Ship Channel. We do not believe the fire poses any immediate danger to the community.

Enterprise will provide a further update once the impact of the fire has been more fully assessed.

Enterprise Products Partners L.P. is the largest publicly traded partnership and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Enterprise's assets include: 49,100 miles of onshore and offshore pipelines; approximately 195 million barrels of storage capacity for NGLs, refined products and crude oil; and 27 billion cubic feet of natural gas storage capacity. Services include: natural gas transportation, gathering, processing and storage; NGL fractionation, transportation, storage, and import and export terminaling; crude oil and refined products storage, transportation and terminaling; offshore production platform; petrochemical transportation and storage; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico.

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