Enterprise Products Proceeding With Panola NGL Pipeline Expansion
Shipper commitments received during its recent open season are sufficient enough to support the proposed expansion of the Panola NGL Pipeline by 60 miles to increase capacity by 50,000 barrels per day.
Enterprise Products Partners L.P. made the announcement Jan. 22 and the incremental capacity is expected to be available the first quarter of 2016.
The 181-mile Panola Pipeline Company LLC NGL system originates near Carthage, Texas and extends to Mont Belvieu, Texas where it serves multiple destination points, including facilities owned and operated by Enterprise Product Partners.
“For Haynesville and Cotton Valley producers, expansion of the Panola Pipeline will facilitate continued development of their reserves by providing valuable NGL takeaway capacity for their growing production of liquids-rich natural gas in East Texas and Northwest Louisiana,” said A.J. “Jim” Teague, COO of Enterprise’s general partner. “By providing a direct link to Mont Belvieu, the Panola Pipeline offers shippers not only flow assurance but market choices with access to the largest NGL fractionation and storage hub in the world, connections to the vast concentration of petrochemical facilities along the Gulf Coast and export opportunities.”
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. Its services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil and refined products transportation, storage and terminals; offshore production platforms; petrochemical transportation and services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems and in the Gulf of Mexico.
Additional information regarding Enterprise can be found at enterpriseproducts.com.
Tags: Enterprise Products Partners, Open Season, Panola NGL Pipeline
