August 8, 2023 [the Baytown Sun]- Enterprise this week announced the start of service at its 12th natural gas liquids (“NGL”) fractionator in Mont Belvieu, adding an incremental 150,000 barrels per day (“BPD”) of capacity. Supported by long-term customer agreements, the new facility increases Enterprise’s NGL fractionation capacity to 1.2 million BPD at the Chambers County complex.
Companywide, Enterprise now has approximately 1.7 million BPD of NGL fractionation capacity.
The new fractionator is among $3.8 billion of major growth projects beginning service in 2023.
“The addition of our newest fractionator is being driven by growing domestic NGL production in the Permian Basin as new natural gas processing plants are brought online,” said A.J. “Jim” Teague, co-chief executive officer of Enterprise’s general partner.
“We recently began service at our sixth gas processing plant in the Midland Basin, with three other Permian Basin gas plants expected to come online by the end of the first quarter of 2024. On the demand side, the additional volumes will provide much-needed feedstocks for the petrochemical and refining industries, as well as products such as cleaner-burning, reliable propane for export to developing nations globally.”
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. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems.
The partnership’s assets include more than 50,000 miles of pipelines; over 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.
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