Compression Increases Rover’s Current Capacity To More Than 1 Billion Cubic Feet Per Day of Natural Gas
DALLAS–(BUSINESS WIRE)–Energy Transfer Partners (NYSE: ETP) announced today that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to begin operating three compressor units at its Mainline Compressor Station 1 in Carroll County, Ohio. Phase 1A of the pipeline can now move more than 1 billion cubic feet per day of natural gas from Cadiz, Ohio, to Defiance, Ohio, which brings the project closer to its design total of 3.25 billion cubic feet per day. Phase 1A began operating on August 31, 2017. Phase 1B of the pipeline from Seneca, Ohio, to Cadiz, Ohio, is anticipated to be complete by the end of the year. The Rover Pipeline Project is expected to be in full service by the end of the first quarter of 2018.
The approximately 713-mile pipeline will transport natural gas from the Marcellus and Utica Shale production areas to markets across the United States as well as into Union Gas Dawn Storage Hub in Ontario, Canada.
Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership that 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, ETP owns and operates a geographically diverse portfolio of 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. ETP’s general partner is owned by Energy Transfer Equity, L.P. (NYSE: ETE). For more information, visit the Energy Transfer Partners, L.P. website at energytransfer.com.
Energy Transfer Equity, L.P. (NYSE: ETE) is a master limited partnership that owns the general partner and 100% of the incentive distribution rights (IDRs) of Energy Transfer Partners, L.P. (NYSE: ETP) and Sunoco LP (NYSE: SUN). ETE also owns Lake Charles LNG Company. On a consolidated basis, ETE’s family of companies owns and operates a diverse portfolio of natural gas, natural gas liquids, crude oil and refined products assets, as well as retail and wholesale motor fuel operations and LNG terminalling. For more information, visit the Energy Transfer Equity, L.P. website at energytransfer.com.
Forward-Looking Statement
This press release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management’s control. An extensive list of factors that can affect future results are discussed in ETP’s Annual Reports on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. ETP undertakes no obligation to update or revise any forward-looking statement to reflect new information or events.
Contacts
Energy Transfer Partners, L.P.
Investor Relations:
Lyndsay Hannah, Brent Ratliff, Helen Ryoo, 214-981-0795
or
Media Relations:
Vicki Granado, Alexis Daniel, 214-840-5820