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ETP To Build Eagle Ford Pipeline, Facilities For $300MM

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February 17, 2011

Dallas-based Energy Transfer Partners LP (NYSE: ETP) has entered multiple long-term agreements with shippers to provide additional transportation services from the Eagle Ford shale in South Texas. To facilitate these agreements, ETP will construct a natural gas pipeline, a processing plant and additional facilities at an approximate cost of $300 million. 

These projects will expand the partnership's extensive midstream infrastructure in the Eagle Ford, which includes the recently completed Dos Hermanas Pipeline and the Chisholm Pipeline that is scheduled for completion in the second quarter of 2011.

The 160-mile, 30-inch ...

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