DCP To Provide NGL Transportation From Permian Basin
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DCP Midstream LLC and Targa Resources Partners LP announced that they have entered agreements which provide a long-term anchor commitment to the DCP Midstream Sandhills Pipeline LLC (Sandhills Pipeline) and an interconnection of the Sandhills Pipeline to a new delivery point with Targa’s Cedar Bayou Fractionators LP facility (CBF) at Mont Belvieu, Texas. DCP is in negotiations with several customers to sign long-term commitments to the Sandhills Pipeline.
Additionally, DCP and Targa announced jointly their entry into an agreement for a long-term anchor commitment by DCP for a new, 100,000 barrels per day (bpd) fractionation expansion at the Targa-operated and majority-owned CBF facility located at Mont Belvieu.
“We are very excited to work with Targa to provide a new, fee-based NGL…
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