Enterprise Announces Results of Proposed Crude Oil Pipeline Open Season
December 12 2014 - 3:00PM
Business Wire
Enterprise Products Partners L.P. (NYSE:EPD) today announced
that the partnership has decided not to move forward with
development of its proposed Bakken-to-Cushing crude oil pipeline.
Commitments received from potential shippers during the recent open
season were not sufficient to support the project.
Enterprise Products Partners L.P. is one of the largest publicly
traded partnerships and a leading North American provider of
midstream energy services to producers and consumers of natural
gas, NGLs, crude oil, refined products and petrochemicals. Our
services include: natural gas gathering, treating, processing,
transportation and storage; NGL transportation, fractionation,
storage and import and export terminals; crude oil and refined
products transportation, storage and terminals; offshore production
platforms; petrochemical transportation and services; and a marine
transportation business that operates primarily on the United
States inland and Intracoastal Waterway systems and in the Gulf of
Mexico. Additional information regarding Enterprise can be found on
its website, www.enterpriseproducts.com
Enterprise Products Partners L.P.Randy Burkhalter, (713)
381-6812Investor RelationsorRick Rainey, (713) 381-3635Media
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