ENERGY TRANSFER PARTNERS COMPLETES TEXAS PIPELINE EXPANSION PROJECT
Dallas, Texas — February 5, 2009 — Energy Transfer Partners, L.P. (NYSE:ETP) today announced the completion of the 56-mile Katy Expansion pipeline project that increases the capacity of the Partnership’s existing ETC Katy natural gas pipeline in southeast Texas by more than 400 million cubic feet per day.
The 36-inch Katy Expansion project provides approximately 20,000 horsepower of compression to the 30-inch section of the ETC Katy pipeline, which extends from the Partnership’s Grimes County Compressor Station to the Katy natural gas trading hub. The project increases the capacity of the pipeline from 700 million cubic feet per day to more than 1.1 billion cubic feet per day, enhancing transportation service out of the Barnett Shale and Bossier Sands natural gas plays in Texas.
With nearly 13,000 miles of natural gas gathering and transportation pipelines in Texas, Energy Transfer operates the largest intrastate pipeline system in the United States. The Partnership’s extensive pipeline infrastructure offers unprecedented market flexibility to natural gas producers and shippers by providing access to principal trading hubs and city gates throughout Texas, as well as providing access to interstate pipelines serving the country’s energy needs.
“Our nation’s pipeline infrastructure must be expanded to handle not only the production of natural gas in new production areas, but also to better serve today’s emerging population centers,” said Mike Howard, President of Midstream Operations. “We are committed to continuing to enhance our pipeline systems to address our customers’ needs and to efficiently move natural gas from producing areas to consumers across the country.”
Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and operating a diversified portfolio of energy assets. ETP has pipeline operations in Arizona, Colorado, Louisiana, New Mexico, and Utah, and owns the largest intrastate pipeline system in Texas. ETP’s natural gas operations include intrastate natural gas gathering and transportation pipelines, natural gas treating and processing assets and three natural gas storage facilities located in Texas. These assets include approximately 14,600 miles of intrastate pipeline in service, with approximately 250 miles of intrastate pipeline under construction. In addition, ETP owns 2,450 miles of interstate pipeline in service, with approximately 250 miles of interstate pipeline under construction. ETP is also one of the three largest retail marketers of propane in the United States, serving more than one million customers across the country.
Energy Transfer Equity, L.P. (NYSE:ETE) is a publicly traded partnership, which owns the general partner of Energy Transfer Partners, L.P. and approximately 62.5 million ETP limited partner units.
The information contained in this press release is available on our website at www.energytransfer.com.
Contacts
Investor Relations:
Brent Ratliff
Energy Transfer
214-981-0700 (office)
Media Relations:
Vicki Granado
Granado Communications Group
214.504.2260 (office)
214.498.9272 (cell)
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