Wanted: shippers for new NGL pipeline
Enterprise Products Partners, Anadarko Petroleum Corporation and DCP Midstream have agreed to design and construct a new natural gas liquids pipeline from the Denver-Julesburg Basin in Colorado to Skellytown, Texas.
Each party will hold a one-third interest in the approximately 700 km Front Range Pipeline, which will connect with both the Mid-America Pipeline system and the proposed Texas Express Pipeline.
Depending on shipper interest to the binding open commitment period, which is currently open, initial capacity on the Front Range Pipeline is expected to be approximately 150,000 bbl/d, which can be readily expanded to approximately 230,000 bbl/d.
Enterprise will construct and operate the pipeline, which is expected to begin service in the fourth quarter of 2013.
Enterprise President and Chief Executive Officer Michael Creel said that the Front Range project is anchored by NGL volumes produced from facilities operated by affiliates of Anadarko and DCP Midstream.
The binding open commitment period will close 5:00pm CDT, 14 May 2012. Click here for more information.
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