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Enterprise to Expand LPG Export Facility at Oiltanking on Houston Ship Channel
Enterprise Products Partners L.P. (NYSE: EPD) today announced a further expansion of its liquefied petroleum gas (“LPG”) export terminal at Oiltanking’s complex on the Houston Ship Channel. Enterprise’s expanded LPG terminal is supported by a 50-year service agreement with Oiltanking Partners, L.P. (NYSE: OILT) to provide additional dock space and related services. The expanded LPG export terminal is expected to be in service by the end of 2015 and is supported by long-term LPG export agreements. Upon completion of the expanded facilities, Enterprise will have aggregate capacity to load in excess of 16 million barrels per month of low-ethane propane and/or butane. This expansion is in lieu of a second LPG terminal announced in October 2013 and will result in more capacity than previously anticipated.

date.png11 Jan 2014 16:29 | comments.png 0 Comments | tags.png enterprise lpg n-america oiltanking storage usa [ More ]

Enterprise Expects Record Propane Exports in 2012; Interim Expansion to Increase Capacity by 100,000 Barrels Per Month
Enterprise Products Partners L.P. (NYSE: EPD) today announced that it expects record propane exports in 2012. The partnership’s exports of propane from its terminal on the Houston Ship Channel were a record 3.9 million barrels in April 2012. As previously announced, Enterprise is in the process of expanding its NGL refrigeration export facility, which will increase its capacity to export propane by up to 3.5 million barrels per month. This will bring the total capacity of the NGL refrigeration export facility to 7.5 million barrels of propane per month. This expansion is ahead of schedule and is expected to be completed in the fourth quarter of 2012.

date.png04 May 2012 05:58 | comments.png 0 Comments | tags.png enterprise lpg n-america trading usa [ More ]

Puma Energy Acquires Liquefied Petroleum Gas Terminal in Benin
Puma Energy International ("Puma Energy") has completed the acquisition of 100% of the issued share capital of Soagel SA ("Soagel"). Soagel owns a newly built 5000m3 liquefied petroleum gas ("LPG") terminal in the port of Cotonou, Benin.

date.png20 Apr 2012 08:16 | comments.png 0 Comments | tags.png africa benin lpg storage trafiga [ More ]

BP Announces Plan to Sell its Global LPG Bottles and Tank Filling Business
BP announced today that it intends to sell its LPG bottles and tank filling operations in Portugal, UK, Austria, Poland, Netherlands, Belgium, Turkey, China and South Africa, as well as its non refinery-integrated wholesale business.

date.png07 Feb 2012 14:45 | comments.png 0 Comments | tags.png austria belgium bp china downstream lpg netherlands poland portugal south-africa turkey uk [ More ]

Energy Transfer Partners Agrees to Contribute Propane Operations to AmeriGas Partners in Exchange for $2.9 Billion
Energy Transfer Partners, L.P. (NYSE:ETP) today announced it has entered into an agreement to contribute its propane operations, consisting of Heritage Operating, L.P. and Titan Energy Partners, L.P., to AmeriGas Partners, L.P. (NYSE:APU) in exchange for approximately $2.9 billion.

date.png17 Oct 2011 12:39 | comments.png 0 Comments | tags.png deals energy-transfer lpg usa [ More ]

UGI Announces Acquisition of European LPG Businesses
UGI Corporation (NYSE: UGI) today reported that it has acquired Shell's liquefied petroleum gas (LPG) distribution businesses in the United Kingdom, Belgium, the Netherlands, Luxembourg, Denmark, Finland, Norway and Sweden. Due to the confidentiality provisions of the purchase agreement, terms of the transaction were not disclosed. The acquired businesses delivered approximately 300 million gallons of LPG in 2010, the addition of which will expand the scale of UGI's European LPG business to over 700 million gallons.

date.png17 Oct 2011 08:44 | comments.png 0 Comments | tags.png deals europe lpg shell ugi [ More ]
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