Energy Transfer Announces FERC Approval to Place Rover Pipeline’s Phase 1B into Service
December 15 2017 - 4:56PM
Business Wire
Project Moves Closer to its 3.25 Billion Cubic
Feet Per Day Design Capacity to Transport Natural Gas Out of the
Marcellus and Utica Shales
Energy Transfer Partners, L.P. (NYSE: ETP) announced today that
Rover Pipeline, LLC received approval from the Federal Energy
Regulatory Commission (FERC) to place Phase 1B of the Rover
Pipeline project into service, bringing the 713-mile pipeline
closer to its 3.25 billion cubic feet per day design total. With
the addition of the Phase 1B facilities, the project is now capable
of transporting up to 1.7 billion cubic feet per day of natural
gas. Rover shippers now have access to six additional receipt
points from Seneca thru Clarington areas of the Marcellus and Utica
supply basins with an incremental receipt capacity of 2.45 billion
cubic feet per day. Rover has been in partial service from Cadiz,
Ohio, to Defiance, Ohio since August 31, 2017, capable of
transporting 1 billion cubic feet per day of natural gas.
When in full service, Rover will transport natural gas from the
Marcellus and Utica Shale production areas to markets across the
United States as well as into the Union Gas Dawn Storage Hub in
Ontario, Canada. The final phase of the pipeline is expected to be
in service by 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 assets;
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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Energy Transfer Partners, L.P.Investor Relations:Lyndsay
Hannah, Brent Ratliff, Helen Ryoo, 214-981-0795orMedia
Relations:Vicki Granado, Alexis Daniel, 214-840-5820
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