Midstream Business Names Jim Teague Executive of the Year
September 28 2016 - 6:07PM
Business Wire
Enterprise Products Partners L.P. (NYSE:EPD) today announced
that A.J. “Jim” Teague, chief executive officer of its general
partner, was named executive of the year at the Midstream Business
Excellence Awards presented recently in San Antonio, Texas. He was
honored for his achievements which helped the company to excel in
2015, a challenging year for the energy industry. Midstream
Business is a Hart Energy publication.
The award was presented as part of the three-day Texas Midstream
Conference, during which Mr. Teague delivered the keynote address.
To establish the criteria for the 2015 executive of the year
recipient, organizers focused on leadership that has led to
significant growth or has had a transformational, positive change
for the company or the industry. Mr. Teague was elected chief
executive officer of Enterprise’s general partner effective January
1, 2016. He served as Enterprise’s chief operating officer from
2010 through 2015. Mr. Teague joined Enterprise in 1999 as
executive vice president through the partnership’s acquisition of
Shell Oil’s midstream energy business in Louisiana and Mississippi.
He was previously an executive with MAPCO Inc. and The Dow Chemical
Company.
“On behalf of Enterprise’s employees and investors, I would like
to congratulate Jim on this well-deserved recognition,” stated
Randa Duncan Williams, chairman of the board of Enterprise’s
general partner. “Jim has been instrumental in guiding Enterprise
over the past seventeen years. He was a visionary in recognizing
the benefits of new supplies of natural gas, natural gas liquids
and crude oil from shale developments to the domestic petrochemical
industry as well as the need for U.S. producers to have
water-access to international markets for their growing production.
Jim was integral to our success in a challenging 2015 as we
successfully began operations at newly-constructed facilities,
developed additional organic growth projects and executed on
day-to-day opportunities.”
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 gathering,
transportation, storage and terminals; petrochemical and refined
products transportation, storage and terminals; and a marine
transportation business that operates primarily on the United
States inland and Intracoastal Waterway systems. The partnership’s
assets include approximately 49,000 miles of pipelines; 250 million
barrels of storage capacity for NGLs, crude oil, refined products
and petrochemicals; and 14 billion cubic feet of natural gas
storage capacity.
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version on businesswire.com: http://www.businesswire.com/news/home/20160928006533/en/
Enterprise Products Partners L.P.Investor RelationsRandy
Burkhalter, 713-381-6812 or 866-230-0745orMedia RelationsRick
Rainey, 713-381-3635
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