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12-06-2013

Enterprise forms JV with Western Gas Partners to own two new NGL fractionation trains

Enterprise Products Partners L.P. today announced that the partnership has entered into a joint venture with Western Gas Partners, LP to own natural gas liquid fractionation trains 7 and 8, which are currently under construction at Enterprise’s complex in Mont Belvieu, Texas. Western Gas has acquired a 25 percent minority ownership interest in the joint venture, and Enterprise retains the remaining 75 percent ownership interest. Trains 7 and 8 have a design capacity to fractionate approximately 170,000 barrels per day BPD of NGLs. These trains are expected to begin commercial operations in the fourth quarter of 2013. 

“We are pleased to partner with Western Gas Partners on NGL fractionation trains 7 and 8,” said Michael A. Creel, chief executive officer of Enterprise’s general partner. “This is the third midstream energy infrastructure project in which we have partnered with Anadarko Petroleum Corporation and its affiliates. Anadarko is a strategic partner that has made significant volume dedications to our facilities, including NGLs to our fractionation complex at Mont Belvieu.”

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