Originating from a central point in Henry, Louisiana, the 212 miles of intrastate pipelines extend westward to Lake Charles, northward to Breaux Bridge in St. Martin Parish, and eastward to Napoleonville, Louisiana, where Enterprise’s Promix NGL fractionation and storage facilities are located.
Michael Creel, president and CEO of Enterprise, said: “Reflecting the efficiencies and flexibility of our integrated midstream network, this targeted acquisition enhances our NGL pipeline access to the sizeable refining and petrochemical complex in Lake Charles for a relatively modest capital investment. We are very pleased to work with Chevron to acquire these pipelines, which will also complement our ongoing expansion plans in South Louisiana.”
The network of intrastate pipelines in Louisiana owned by Enterprise transports NGL products between major supply points, including the partnership’s storage and terminal facilities at Breaux Bridge and its fractionation facilities at Norco, Promix, and Baton Rouge, as well as various markets at Napoleonville, Geismar, and other points along the Mississippi river. In addition to improving the partnership’s Louisiana NGL pipeline system to Lake Charles, the acquisition will increase capacity between Breaux Bridge and Napoleonville.
The bi-directional pipeline will not only enhance Enterprise’s ability to move various NGL products to these Louisiana markets, it will also provide additional capacity for delivering Louisiana propane production into the Enterprise-owned Dixie Pipeline system for transportation to end-use markets throughout the southeastern US or to the partnership’s Mont Belvieu, Texas NGL fractionation complex, the company said.
Along with the improvements already identified, Enterprise continues to evaluate other potential expansion opportunities resulting from the acquisition.
