Project on Track to Meet Second Quarter In-Service Goal
DALLAS--(BUSINESS WIRE)--May 1, 2018--
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover
Pipeline, LLC received approval from the Federal Energy Regulatory
Commission (FERC) to place additional Phase 2 facilities into service.
Last week, FERC granted Rover permission to place a segment of Phase 2,
which included Mainline Compressor Station 3 located in Crawford County,
Ohio, and a section of the line between Mainline Compressor Station 2,
in Wayne County, Ohio, and Mainline Compressor Station 3, in service for
additional throughput opportunity. The approval from FERC granted today
allows for the full commercial operation capability of the Market Zone
Phase 1 of the project was also placed into service in segments, with
the first portion going into service August 31, 2017, and the remaining
segment of Phase 1 going into service in December of 2017. Since
December 2017, Rover has been capable of transporting up to 1.7 billion
cubic feet per day of natural gas.
Rover will transport natural gas from the Marcellus and Utica Shale
production areas to markets across the United States as well as into the
Union Gas Dawn Storage Hub in Ontario, Canada. Construction of the
entire project is anticipated to be completed later this quarter.
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 and
the general partner of USA Compression Partners, LP (NYSE: USAC). 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.
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: https://www.businesswire.com/news/home/20180501006947/en/
Source: Energy Transfer Partners, L.P.
Energy Transfer Partners, L.P.
Hannah, Brent Ratliff, Helen Ryoo, 214-981-0795
Vicki Granado, Alexis Daniel, 214-840-5820