Project Moves Closer to its 3.25 Billion Cubic Feet Per Day Design
Capacity to Transport Natural Gas Out of the Marcellus and Utica Shales
DALLAS--(BUSINESS WIRE)--Dec. 15, 2017--
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that Rover
Pipeline, LLC received approval from the Federal Energy Regulatory
Commission (FERC) to place Phase 1B of the Rover Pipeline project into
service, bringing the 713-mile pipeline closer to its 3.25 billion cubic
feet per day design total. With the addition of the Phase 1B facilities,
the project is now capable of transporting up to 1.7 billion cubic feet
per day of natural gas. Rover shippers now have access to six additional
receipt points from Seneca thru Clarington areas of the Marcellus and
Utica supply basins with an incremental receipt capacity of 2.45 billion
cubic feet per day. Rover has been in partial service from Cadiz, Ohio,
to Defiance, Ohio since August 31, 2017, capable of transporting 1
billion cubic feet per day of natural gas.
When in full service, 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. The final phase of the pipeline is expected to be in service by
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 assets; 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.
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/20171215005836/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