Energy Transfer Partners to construct new fractionation facility

Energy Transfer Partners, L.P. has announced that its subsidiary, Lone Star NGL LLC, will construct a fourth natural gas liquids (NGL) fractionation facility at Mont Belvieu, Texas. Fractionator IV, estimated to cost approximately US$450 million, is scheduled to be operational by December 2016. The 120 000 bpd fractionator is fully subscribed by multiple long term contracts and will provide offtake for the new 533 mile, 24 and 30 in. Lone Star Express Pipeline.

The Lone Star Express Pipeline, which is currently under construction, will transport approximately 475 000 bpd (expandable to 705 000 bpd) of NGLs from the Permian’s Delaware and Midland Basins to Mont Belvieu, Texas, to accommodate Lone Star’s contracted NGL transportation volumes. Phase I and phase II of the pipeline remain on schedule for completion in the second quarter of 2016 and the fourth quarter of 2016, respectively.

Additionally, Lone Star’s third Mont Belvieu fractionation facility, which is also currently under construction, remains on schedule for completion in January 2016, and Lone Star continues to evaluate further fractionation expansion opportunities at Mont Belvieu and in other areas of the country.

Adapted from press release by Rosalie Starling

Read the article online at: https://www.worldpipelines.com/project-news/05052015/energy-transfer-partners-to-construct-new-fractionation-facility-708/