Enterprise Announces Transportation Commitments for Gulf Coast Ethane Pipeline - InvestingChannel

Enterprise Announces Transportation Commitments for Gulf Coast Ethane Pipeline

Enterprise Products Partners L.P. (NYSE: EPD) announced today that it has

received transportation commitments to support development of a new

270-mile pipeline header system that will deliver ethane to

petrochemical plants in the U.S. Gulf Coast region. As designed, the

Enterprise Aegis Pipeline (“Aegis”) will originate at Enterprise’s Mont

Belvieu, Texas liquids storage complex and have the capacity to

transport purity ethane to multiple petrochemical facilities in Texas

and Louisiana. The final design, including capacity and delivery points,

will be determined once any further binding commitments are received at

the conclusion of the project’s open commitment period.

“The willingness of shippers to make long-term commitments provides us

with the assurance necessary to build the midstream infrastructure

See full press release

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