DALLAS--(BUSINESS WIRE)--May 29, 2018--
Energy Transfer Partners, L.P. (NYSE: ETP) (“ETP” or the
“Partnership”) today announced that Permian Express Partners LLC will
commence a marketing process to solicit binding proposals for intrastate
service from potential shippers for up to 50,000 barrels per day of
volume commitments on Phase 1 of Permian Express 3. This capacity
represents the remaining available capacity on the 140,000 barrels per
day Phase 1 of Permian Express 3. Permian Express 3 delivers crude oil
from the Permian Basin to the U.S. Gulf Coast. This remaining capacity
is expected to come online during the fourth quarter of 2018.
The solicitation process will commence on May 29, 2018 and will provide
interested shippers with the opportunity to submit a proposal to secure
a volume commitment on Permian Express 3. Bona fide potential shippers
that desire to receive copies of the marketing materials are required to
execute a confidentiality agreement and may direct their requests for a
confidentiality agreement to the following e-mail address:
Vice President, Business Development
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 www.energytransfer.com.
This news 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 the Partnership’s Annual Report on Form 10-K and other documents
filed from time to time with the Securities and Exchange Commission. The
Partnership undertakes no obligation to update or revise any
forward-looking statement to reflect new information or events.
The information contained in this press release is available on our
website at www.energytransfer.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180529005848/en/
Source: Energy Transfer Partners, L.P.
Energy Transfer Partners
Hannah, Brent Ratliff, Helen Ryoo, 214-981-0795
Vicki Granado, 214-840-5820