Enterprise Adds Vessel Fueling Capabilities at Houston Ship Channel Export Facility
June 21 2018 - 2:00PM
Business Wire
Enterprise Products Partners L.P. (NYSE: EPD), as of June 1,
2018, is the exclusive provider of residual marine fuel (“RMG 380”)
and marine gas oil (“MGO”) at its Enterprise Hydrocarbons Terminal
(“EHT”) on the Houston Ship Channel. RMG 380 and MGO are the
primary transportation fuels used by deep-draft vessels that dock
at the EHT facility.
“Being able to fuel ships as they load and offload product at
our EHT marine terminal significantly streamlines the process,
saving our customers time and money by not having to stop at a
third party facility,” said A.J. “Jim” Teague, chief executive
officer of Enterprise’s general partner. “This new service reflects
the creativity and commitment of our people as they continue to
find new ways to maximize our assets to capitalize on growth
opportunities.”
RMG 380 and MGO are delivered to the terminal by barge and
stored in dedicated tanks with approximately 300,000 barrels of
capacity. Pipelines transport the fuels to each of EHT’s seven
docks.
Additional information is available from Enterprise Marine
Fuels, which can be reached at bunkers@eprod.com or by contacting
Bryan Westerdahl at 713-381-6723.
Enterprise Products Partners L.P. is one of the largest publicly
traded partnerships and a leading North American provider of
midstream energy services to producers and consumers of natural
gas, NGLs, crude oil, refined products and petrochemicals. Our
services include: natural gas gathering, treating, processing,
transportation and storage; NGL transportation, fractionation,
storage and import and export terminals; crude oil gathering,
transportation, storage and terminals; petrochemical and refined
products transportation, storage and terminals; and a marine
transportation business that operates primarily on the United
States inland and Intracoastal Waterway systems. The partnership’s
assets include approximately 49,000 miles of pipelines; 250 million
barrels of storage capacity for NGLs, crude oil, refined products
and petrochemicals; and 14 billion cubic feet of natural gas
storage capacity.
This press release includes forward-looking statements. Except
for the historical information contained herein, the matters
discussed in this press release are forward-looking statements that
involve certain risks and uncertainties, such as the partnership’s
expectations regarding future results, capital expenditures,
project completions, liquidity and financial market conditions.
These risks and uncertainties include, among other things,
insufficient cash from operations, adverse market conditions,
governmental regulations and other factors discussed in
Enterprise’s filings with the U.S. Securities and Exchange
Commission. If any of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results or
outcomes may vary materially from those expected. The partnership
disclaims any intention or obligation to update publicly or reverse
such statements, whether as a result of new information, future
events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20180621006053/en/
Enterprise Products Partners L.P.Randy Burkhalter, (713)
381-6812 or (866) 230-0745Investor RelationsorRick Rainey, (713)
381-3635Media Relations
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