Enterprise, Western Gas Ink NGL Fractionation Train JV
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Enterprise Products Partners L.P. has entered into a joint venture with Western Gas Partners LP to own natural gas liquid (NGL) 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.
Michael A. Creel, CEO of Enterprise’s general partner, commented: "We are pleased to partner with Western Gas Partners on NGL fractionation trains 7 and 8. This is the third midstream energy infrastructure…
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