Midstream - Pipelines
Enterprise Shippers Double Commitments for Rocky Mountain Expansion
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Enterprise Products Partners L.P. today announced that shippers who executed 10-year, firm transportation agreements in May 2011 on the partnership’s Mid-America Pipeline (“MAPL”) Rocky Mountain expansion project have exercised options that increase their total commitments by approximately 115 percent to 82,500 barrels per day (“BPD”). During the original four-week open season that ended April 29, 2011, shippers committed to an initial capacity of 38,500 BPD. The committed shipper transportation rate to Mont Belvieu, which is subject to annual escalation, is15.1 cents per gallon.
The project, which received Federal Energy Regulatory Commission approval in August 2011, involves looping the existing system with 263 miles of 16-inch diameter pipeline, as well as pump station modifications…
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