Energy Transfer Announces Completion of Lone Star Express Pipeline Expansion Project
September 01 2020 - 8:30AM
Business Wire
Expansion Adds Over 400,000 barrels per day of
NGL Capacity Out of the Permian and Delaware Basins
Energy Transfer today announced the completion of its Lone Star
Express Pipeline expansion project, which was a major part of
Energy Transfer’s 2020 capital program. The project was delivered
on budget and ahead of schedule. The pipeline adds over 400,000
barrels per day of Natural Gas Liquids capacity to Energy
Transfer’s existing Lone Star NGL pipeline system in Texas.
The new 352-mile, 24-inch pipeline originates in Winkler County,
Texas and connects into the existing Lone Star Express 30-inch
pipeline at the Morgan Junction in Bosque County, Texas, south of
Fort Worth. It will provide shippers additional connectivity out of
the Permian and Delaware basins, further encouraging the recovery
of production and jobs underway in the region.
The Lone Star pipeline system ultimately connects into Energy
Transfer’s Mont Belvieu facility, an integrated liquids storage and
fractionation facility along the U.S. Gulf Coast with strategic
connectivity to over 35 petrochemical plants, refineries,
fractionators and third-party pipelines. Energy Transfer's seventh
fractionator at Mont Belvieu was brought online earlier this year,
bringing the partnership's total fractionation capacity to more
than 900,000 barrels per day.
Energy Transfer LP (NYSE: ET) owns and operates one of
the largest and most diversified portfolios of energy assets in the
United States, with a strategic footprint in all of the major
domestic production basins. ET is a publicly traded limited
partnership with core operations that include complementary natural
gas midstream, intrastate and interstate transportation and storage
assets; crude oil, NGL and refined product transportation and
terminalling assets; NGL fractionation; and various acquisition and
marketing assets. ET, through its ownership of Energy Transfer
Operating, L.P., also owns Lake Charles LNG Company, as well as the
general partner interests, the incentive distribution rights and
28.5 million common units of Sunoco LP (NYSE: SUN), and the general
partner interests and 46.1 million common units of USA Compression
Partners, LP (NYSE: USAC). For more information, visit the Energy
Transfer LP website at www.energytransfer.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20200901005319/en/
Energy Transfer Media Relations 214.840.5820 Vicki
Granado Media@energytransfer.com
Energy Transfer Investor Relations 214.981.0795
Bill Baerg, Brent Ratliff, Lyndsay Hannah
investorrelations@energytransfer.com
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