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Enterprise and Energy TransferTerminate Proposed Joint Venture
Enterprise Products Partners L.P. (NYSE: EPD) today announced it will not be moving forward with a proposed joint venture with Energy Transfer Partners L.P. to develop and construct a 584-mile crude oil pipeline from Cushing, Oklahoma to Houston.

Enterprise and Energy Transfer Announce Two-Week Extension of Open Commitment Period for Double E Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced that the binding open commitment period for capacity on a proposed crude oil pipeline from Cushing, Oklahoma to Houston has been extended until August 12, 2011 at 5 p.m. CDT. The two-week extension requested by interested shippers will provide the additional time needed to finalize the necessary binding capacity agreements.

Enterprise and Energy Transfer Extend Open Commitment Period for Capacity on Cushing to Houston Crude Oil Pipeline
Enterprise Products Partners L.P. (NYSE: EPD) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced a three-week extension of the binding open commitment period for capacity on the proposed Double E Crude Oil Pipeline from Cushing, Oklahoma to Houston. The commitment period, which now concludes July 29, 2011 at 5 p.m. CDT, is intended to give interested shippers the time they need to obtain final internal approvals and complete the required Transportation Services Agreement.

Enterprise to Build Sixth NGL Fractionator at Mont Belvieu, Texas Complex
Enterprise Products Partners L.P. (NYSE:EPD) today announced it plans to construct a sixth natural gas liquids (NGL) fractionator at its Mont Belvieu, Texas facility that will increase capacity there by 75,000 barrels per day (BPD). The new fractionation facility will accommodate continued growth of liquids-rich natural gas production from the prolific Eagle Ford Shale basin in South Texas. In anticipation of the expansion, Enterprise has already obtained the necessary approvals and permits that will allow the partnership to promptly begin construction of the new facility, which is projected to begin service in early 2013. At that time, Enterprise will have the capability to fractionate more than 450,000 BPD of NGLs at its Mont Belvieu complex. System-wide the partnership's net fractionation capacity will increase to more than 780,000 BPD.

Enterprise and Energy Transfer Begin Open Commitment Period for Cushing to Houston Crude Oil Pipeline Capacity
Enterprise Products Partners L.P. (NYSE:EPD) and Energy Transfer Partners, L.P. (NYSE:ETP) today announced the start of a binding open commitment period for available capacity on a proposed crude oil pipeline from Cushing, Oklahoma to Houston that would be designed and constructed as part of a 50/50 joint venture between the two partnerships. The 584-mile Double E pipeline would provide up to 450,000 barrels per day (BPD) of takeaway capacity for crude oil currently stranded at the Cushing storage hub because of a lack of southbound pipeline infrastructure. The project would offer shippers greater access to the Gulf Coast refining complex, while providing refiners with a reliable, domestic source of crude oil as an alternative to higher priced imported crude oil that currently represents their largest source of supply. With Midcontinent crude oil production rapidly increasing, supplies from Canada on the rise and the development of shale plays such as the Bone Springs/Avalon, Bakken and Barnett continuing at a strong pace, the new pipeline is expected to remain a key outlet for crude oil bound for the Gulf Coast market.

Enterprise to Extend Eagle Ford Shale Crude Oil Pipeline System as Part of Long-Term Transportation Agreement with Chesapeake En
Enterprise Products Partners L.P. (NYSE:EPD) today announced plans to build an 80-mile extension of its 350,000 barrel per day (BPD) Eagle Ford Shale crude oil pipeline, that would allow the partnership to serve growing production areas in the southwestern portion of the play. The Phase II project would originate in Wilson County, Texas at the terminus of the partnership's previously announced 140-mile Phase I segment, and extend to a site near Gardendale, Texas in La Salle County, where a new central delivery point (CDP) is planned for construction that will feature 500,000 barrels of storage. Phase I is on schedule to begin service by the second quarter of 2012, with Phase II set to commence operations in the first quarter of 2013. When completed, the approximately 220-mile crude oil pipeline system will provide Eagle Ford Shale producers with access to the Texas Gulf Coast refining complex through Enterprise's integrated midstream network.

Enterprise and Energy Transfer to Form Joint Venture to Develop Crude Oil Pipeline from Cushing to the Gulf Coast
Enterprise Products Partners L.P. (NYSE: EPD) and Energy Transfer Partners, L.P. (NYSE: ETP) today announced they have agreed to form a 50/50 joint venture to design and construct a crude oil pipeline from Cushing, Oklahoma to Houston. The project would allow greater access to the United States Gulf Coast-area refining complex and add approximately 500,000 barrels of storage capacity at new facilities to be constructed and owned by the joint venture at Enterprise's new Houston crude oil terminal. The pipeline would provide an outlet for more than 400,000 barrels per day of crude oil supplies which are currently stranded at the Cushing hub and priced at a substantial discount to imported crude oil on the Gulf Coast. The pipeline would also give refiners on the Gulf Coast improved access to growing supplies of domestic crude oil production and an alternative to higher priced crude oil imports, which represent their largest source of supply.

Enterprise to Provide Crude Oil Transportation Services under Long-Term Agreement with Eagle Ford Producers
Enterprise Products Partners L.P. (NYSE: EPD) today announced it has entered into a 10-year agreement with two producers in the Eagle Ford Shale play of South Texas to provide firm crude oil transportation and marketing services. The transaction represents a commitment of 50,000 barrels per day (BPD) of capacity on the new 140-mile, 24-inch diameter crude oil pipeline being constructed by Enterprise. Scheduled to begin service in the second quarter of 2012, the pipeline has a capacity of 350,000 BPD and will offer shippers the flexibility to access major storage hubs and refining centers.

Enterprise Acquisition of West Texas Pipeline Provides Strategic Foothold in Emerging Permian Basin Play
Enterprise Products Partners L.P. (NYSE: EPD) today announced it has purchased from Trinity Pipeline L.P. a 39-mile carbon dioxide pipeline which will be converted to crude oil service in connection with the partnership's strategy to expand its gathering system in the Permian Basin of West Texas. The 8-inch diameter pipeline, which extends from Reeves County, Texas to Lea County, New Mexico, has a capacity of approximately 54,000 barrels per day (BPD) of crude oil. The newly acquired asset will provide a growing number of major producers in the promising Bone Springs/Avalon Play with an important outlet for their crude oil through a link to the Basin Pipeline. Accessing the Basin system will allow shippers to reach other key areas of Enterprise's integrated energy network, including major storage facilities at Midland, Texas and Cushing, Oklahoma.

Enterprise Resumes Operations at Mont Belvieu; Contract Worker Found
Enterprise Products Partners L.P. (NYSE:EPD) announced today that the fire at its Mont Belvieu ("MTBV") facilities was fully contained and extinguished this morning. The contract worker who was unaccounted for after the fire yesterday has been located but did not survive the fire. Enterprise offers its condolences to the family and friends of the worker and will be working closely with authorities to determine the cause of the fire.