EPIC reveals new 650 mile NGL pipeline

EPIC Y Grade Pipeline, LP, a subsidiary of EPIC Y Grade Services, LP and EPIC Midstream Holdings, LP, has announced that it has signed a definitive agreement with BP Energy Company to anchor a new 650 mile natural gas liquids (NGL) pipeline that will be known as ‘EPIC NGL pipeline’, which will link producers’ NGL reserves in the Permian and Eagle Ford Basins to Gulf Coast refiners, petrochemical companies and export markets. The EPIC NGL Pipeline has secured a capital commitment from funds managed by Ares Management, L.P. The EPIC NGL pipeline, which has commenced construction, will run side by side with the previously announced EPIC crude oil pipeline for most of the route.