DALLAS--(BUSINESS WIRE)--Mar. 1, 2018--
Energy Transfer Partners, L.P. (NYSE: ETP) today announced that
its subsidiaries Dakota Access, LLC (“Dakota Access”) and Energy
Transfer Crude Oil Company, LLC (“ETCO”) launched a Binding Expansion
Open Season (“Expansion Open Season”) to solicit shipper commitments for
expanded joint tariff transportation service from the Bakken/Three Forks
play in North Dakota to storage terminals located in Nederland, Texas
through their respective pipeline systems (collectively, the “Bakken
Pipeline System”). Dakota Access and ETCO anticipate that incremental
capacity on the Bakken Pipeline System will be determined based on
committed subscriptions made by shippers during the Expansion Open
Season. The Bakken Pipeline System is operated by a wholly owned
subsidiary of ETP.
Expansion Open Season Process
The Expansion Open Season commenced at 12:00 p.m. (Central Time) on
March 1, 2018.
Bona fide potential shippers that desire to receive copies of the open
season documents are required to execute a confidentiality agreement and
may direct their requests for a confidentiality agreement to the
following e-mail address: dlDA_ETCO@energytransfer.com
About the Bakken Pipeline System
The Bakken Pipeline System, which went into service on June 1, 2017, is
a 1,915-mile, mostly 30-inch pipeline system that transports
domestically produced crude oil from the Bakken/Three Forks production
areas in North Dakota to a storage and terminalling hub outside Patoka,
Illinois, and/or south to additional terminals in Nederland, Texas. The
Bakken Pipeline System is owned by multiple parties and is operated by a
wholly-owned subsidiary of ETP.
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 www.energytransfer.com.
The information contained in this press release is available on our
website at www.energytransfer.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180301006221/en/
Source: Energy Transfer Partners, L.P.
Energy Transfer
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or
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Hannah, 214-981-0795
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