Announces Completion of Southern Shale and Cleburne to Tolar Natural Gas Pipelines
DALLAS--(BUSINESS WIRE)--Jan. 8, 2009--Energy Transfer Partners, L.P. (NYSE:ETP)
today announced the completion of the 31-mile Southern Shale pipeline
and the 20-mile Cleburne to Tolar pipeline. The two natural gas
pipelines will provide an additional 1.1 billion cubic feet per day of
critical capacity from the Barnett Shale natural gas field in North
Central Texas, boosting the Partnership's capacity out of the Shale to
over 4.5 billion cubic feet per day. ETP is the largest transporter of
natural gas out of the Barnett Shale.
The 36-inch Southern Shale pipeline originates in southern Tarrant
County and provides 700 million cubic feet per day of takeaway capacity.
The Southern Shale transports natural gas to the Partnership's Maypearl
Compressor Station, which in turn delivers natural gas to ETP's
extensive pipeline infrastructure. ETP's pipeline system offers
producers and shippers access to multiple markets, including major city
gates, trading hubs, and electric power plants throughout Texas as well
as providing access to interstate pipeline systems serving our country's
energy needs.
The 36-inch Cleburne to Tolar pipeline originates in the western region
of the Barnett Shale play and connects to ETP's Cleburne Compression
Station. This station delivers gas to the Partnership's pipeline system
including direct interconnects to ETP's 42-inch Cleburne to Carthage
pipeline and its North Texas 36-inch pipeline. This pipeline provides
400 million cubic feet per day of capacity from the Barnett Shale.
"The completion of the Southern Shale and Cleburne to Tolar pipelines
marks our sixth and seventh large diameter pipelines completed in the
last year, during which we added more than 400 miles of 36-inch and
42-inch diameter pipe and approximately 4.0 billion cubic feet per day
of takeaway capacity," said Roy Patton, Senior Vice President of
Commercial Operations. "As we move into 2009, we look forward to
continuing to enhance our infrastructure to meet the needs of natural
gas producers and consumers across Texas and the nation."
Energy Transfer Partners, L.P. (NYSE:ETP)
is a publicly traded partnership owning and operating a diversified
portfolio of energy assets. ETP has pipeline operations in Arizona,
Colorado, Louisiana, New Mexico, and Utah, and owns the largest
intrastate pipeline system in Texas. ETP's natural gas operations
include intrastate natural gas gathering and transportation pipelines,
natural gas treating and processing assets and three natural gas storage
facilities located in Texas. These assets include approximately 14,550
miles of intrastate pipeline in service, with approximately 250 miles of
intrastate pipeline under construction. In addition, ETP owns 2,450
miles of interstate pipeline in service, with approximately 250 miles of
interstate pipeline under construction. ETP is also one of the three
largest retail marketers of propane in the United States, serving more
than one million customers across the country.
Energy Transfer Equity, L.P. (NYSE:ETE)
is a publicly traded partnership, which owns the general partner of
Energy Transfer Partners, L.P. and approximately 62.5 million ETP
limited partner units.
The information contained in this press release is available on our
website at www.energytransfer.com.
CONTACT: Energy Transfer
Investor Relations:
Brent Ratliff, 214-981-0700
or
Media Relations:
Granado Communications Group
Vicki Granado, 214-504-2260
Cell: 214-498-9272
Source: Energy Transfer Partners, L.P.