Energy Transfer Announces Binding Open Season for the Mariner East Pipeline System
DALLAS--(BUSINESS WIRE)--Nov 30, 2018--Energy Transfer LP (NYSE: ET) today announced that its subsidiary, Sunoco Pipeline L.P. (“Sunoco Pipeline”), launched a binding open season to solicit shipper commitments for transportation service of C3+ from the Marcellus/Utica play in Pennsylvania to destination facilities in Claymont, Delaware and Marcus Hook, Pennsylvania, through the Mariner East pipeline system. The open season will allow Sunoco Pipeline to take advantage of new opportunities to add additional product commitments to the pipeline, which is nearing completion.
Open Season Process
The open season commenced at 3:00 p.m. (Eastern Time) on November 30, 2018.
Potential shippers that desire to receive copies of the open season documents are required to execute a confidentiality agreement and may direct their requests for a confidentiality agreement to the following e-mail address:
About the Mariner East Pipeline System
The Mariner East pipeline system, which went into service in the fourth quarter of 2014 for propane, and the first quarter of 2016 for ethane, is a series of pipelines from the Marcellus/Utica basin with origins in Ohio, West Virginia and Pennsylvania that transport natural gas liquids through interstate and intra-state routes to destinations in Pennsylvania and Claymont, Delaware. Mariner East is operated by a wholly owned subsidiary of Energy Transfer Operating, L.P.
About the Partnerships
Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET, through its ownership of Energy Transfer Operating, L.P. (formerly known as Energy Transfer Partners, L.P.), also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 39.7 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer website at www.energytransfer.com.
Energy Transfer Operating, L.P. owns and operates one of the largest and most diversified portfolios of energy assets in the United States. Strategically positioned in all of the major U.S. production basins, its core operations include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (NGL) and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. Energy Transfer Operating, L.P.’s general partner is owned by Energy Transfer LP (NYSE: ET). For more information, visit the Energy Transfer website at www.energytransfer.com.
The information contained in this press release is available on our website at energytransfer.com.
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CONTACT: Investor Relations:
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: ENERGY OIL/GAS
SOURCE: Energy Transfer LP
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PUB: 11/30/2018 04:40 PM/DISC: 11/30/2018 04:40 PM