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Ownership interest update of ET Rover Pipeline LLC

 

Published by
World Pipelines,

On 31 October, Energy Transfer Partners, L.P. announced that its wholly owned subsidiaries – Energy Transfer Interstate Holdings, LLC (ETIH) and ET Rover Pipeline LLC (HoldCo) – have closed the previously announced sale of a 49.9% interest in HoldCo.

 

HoldCo owns a 65% interest in Rover Pipeline LLC. As a result of this closing, HoldCo is now owned 50.1% by Energy Transfer and 49.9% by Blackstone Energy Partners.

Phase 1A of the Rover pipeline now transports more than 1 billion ft3/d of natural gas from Cadiz (Ohio) to Defiance (Ohio). Upon full completion, the Rover Pipeline will be an approximately 713 mile pipeline designed to transport 3.25 billion ft3/d of natural gas from the Marcellus and Utica Shale production areas to markets across the US, as well as into Union Gas Dawn Hub in Ontario (Canada).