The Full Phase 1 of the Project is Estimated to be in Service by the
End of the Year
DALLAS--(BUSINESS WIRE)--Sep. 19, 2017--
Energy Transfer Partners (NYSE:ETP) is pleased to announce that the
Federal Energy Regulatory Commission (FERC) has approved the company’s
request to resume Horizontal Directional Drilling (HDD) operations along
the Rover Pipeline Project.
Drilling operations on nine HDD locations approved by the FERC are
expected to begin within the week with an emphasis on the Captina Creek
HDD in Belmont County, Ohio. The completion of the Captina Creek HDD
will allow the full Phase 1 portion of Rover from Seneca, Ohio, to
Defiance, Ohio, to be placed into service by the end of the year. Phase
1a of the Rover Project from Cadiz, Ohio, to Defiance, Ohio, was
successfully put into service on August 31, 2017.
When completed, this important 713-mile pipeline will transport up to
3.25 billion cubic feet of natural gas per day from the Marcellus and
Utica Shale production areas to markets across the United States as well
as into Union Gas Dawn Storage Hub in Ontario, Canada.
The Rover Pipeline Project will continue to work with the FERC to adhere
to the requirements outlined in its approval and look forward to
successfully placing the full project into service in the end of the
first quarter of 2018.
Energy Transfer Partners, L.P. (NYSE:ETP) is a master
limited partnership that owns and operates one of the largest and most
diversified portfolios of energy assets in the United States.
Strategically positioned in all of the major U.S. production basins, ETP
owns and operates a geographically diverse portfolio of complementary
natural gas midstream, intrastate and interstate transportation and
storage assets; crude oil, natural gas liquids (NGL) and refined product
transportation and terminalling assets; NGL fractionation; and various
acquisition and marketing assets. ETP’s general partner is owned
by Energy Transfer Equity, L.P. (NYSE:ETE). For more information, visit
the Energy Transfer Partners, L.P. website at energytransfer.com.
Energy Transfer Equity, L.P. (NYSE:ETE) is a master limited
partnership that owns the general partner and 100% of the incentive
distribution rights (IDRs) of Energy Transfer Partners, L.P. (NYSE:ETP)
and Sunoco LP (NYSE:SUN). ETE also owns Lake Charles LNG Company. On a
consolidated basis, ETE’s family of companies owns and operates a
diverse portfolio of natural gas, natural gas liquids, crude oil and
refined products assets, as well as retail and wholesale motor fuel
operations and LNG terminalling. For more information, visit the Energy
Transfer Equity, L.P. website at energytransfer.com.
Forward Looking Statement
This press release may include certain statements concerning
expectations for the future that are forward-looking statements as
defined by federal law. Such forward-looking statements are subject to a
variety of known and unknown risks, uncertainties, and other factors
that are difficult to predict and many of which are beyond management’s
control. An extensive list of factors that can affect future results are
discussed in ETP’s Annual Reports on Form 10-K and other documents filed
from time to time with the Securities and Exchange Commission. ETP
undertakes no obligation to update or revise any forward-looking
statement to reflect new information or events.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170919005880/en/
Source: Energy Transfer Partners
Energy Transfer Partners, L.P.
Hannah, Brent Ratliff or Helen Ryoo, 214-981-0795
Vicki Granado or Alexis Daniel, 214-840-5820