Energy Transfer Receives FERC Approval to Resume Horizontal Directional Drilling Operations on the Rover Pipeline Project
September 19 2017 - 8:15AM
Business Wire
The Full Phase 1 of the Project is Estimated to
be in Service by the End of the Year
Energy Transfer Partners (NYSE:ETP) is pleased to announce that
the Federal Energy Regulatory Commission (FERC) has approved the
company’s request to resume Horizontal Directional Drilling (HDD)
operations along the Rover Pipeline Project.
Drilling operations on nine HDD locations approved by the FERC
are expected to begin within the week with an emphasis on the
Captina Creek HDD in Belmont County, Ohio. The completion of the
Captina Creek HDD will allow the full Phase 1 portion of Rover from
Seneca, Ohio, to Defiance, Ohio, to be placed into service by the
end of the year. Phase 1a of the Rover Project from Cadiz, Ohio, to
Defiance, Ohio, was successfully put into service on August 31,
2017.
When completed, this important 713-mile pipeline will transport
up to 3.25 billion cubic feet of natural gas per day from the
Marcellus and Utica Shale production areas to markets across the
United States as well as into Union Gas Dawn Storage Hub in
Ontario, Canada.
The Rover Pipeline Project will continue to work with the FERC
to adhere to the requirements outlined in its approval and look
forward to successfully placing the full project into service in
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; 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.
Forward Looking Statement
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170919005880/en/
Energy Transfer Partners, L.P.Investor Relations:Lyndsay Hannah,
Brent Ratliff or Helen Ryoo, 214-981-0795orMedia Relations:Vicki
Granado or Alexis Daniel, 214-840-5820
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