Wednesday, June 19, 2013
Enterprise Hosts Open Season
For ATEX Express Pipeline
Enterprise Products Partners LP (Houston) is hosting a binding open season through July 11 to determine shipper support for transporting propane to Mont Belvieu on the partnership’s Appalachia-to-Texas ATEX Express Pipeline. ATEX currently has long-term contracts in place for ethane transportation to Mont Belvieu. The addition of propane service will not affect Enterprise’s contractual obligations with existing ATEX ethane shippers.
To accommodate shipments of propane, Enterprise plans to loop a portion of ATEX, add pumping capacity as needed, and install additional facilities for the delivery of specification ethane and propane at destination points. The final scope of the project will be determined by the volume of commitments received during the open season, but propane transportation service is anticipated to commence in the first quarter of 2015.
“Transporting propane to Mont Belvieu, the largest, most liquid trading and storage hub, will provide northeast producers with a reliable outlet for their excess propane and help maximize the value of their production,” said Michael A. Creel, CEO of Enterprise’s general partner. “If export markets soften, Mont Belvieu is best positioned to store and distribute propane to the petrochemical and propane dehydrogenation markets and to other pipeline-connected destinations originating from Mont Belvieu.”
For ATEX Express Pipeline
Enterprise Products Partners LP (Houston) is hosting a binding open season through July 11 to determine shipper support for transporting propane to Mont Belvieu on the partnership’s Appalachia-to-Texas ATEX Express Pipeline. ATEX currently has long-term contracts in place for ethane transportation to Mont Belvieu. The addition of propane service will not affect Enterprise’s contractual obligations with existing ATEX ethane shippers.
To accommodate shipments of propane, Enterprise plans to loop a portion of ATEX, add pumping capacity as needed, and install additional facilities for the delivery of specification ethane and propane at destination points. The final scope of the project will be determined by the volume of commitments received during the open season, but propane transportation service is anticipated to commence in the first quarter of 2015.
“Transporting propane to Mont Belvieu, the largest, most liquid trading and storage hub, will provide northeast producers with a reliable outlet for their excess propane and help maximize the value of their production,” said Michael A. Creel, CEO of Enterprise’s general partner. “If export markets soften, Mont Belvieu is best positioned to store and distribute propane to the petrochemical and propane dehydrogenation markets and to other pipeline-connected destinations originating from Mont Belvieu.”
