As part of the deal, NGL acquired four rails to truck propane terminal facilities and related assets, situated in Albuquerque, New Mexico, Superior, Montana, Shelton and Vancouver, Washington.
With the ability of throughput up to 100MM gallons annually, the terminals have a combined propane storage capacity of 640,000 gallons.
The acquisition is expected to increase the natural gas liquid terminals portfolio operated by NGL Supply Terminal to 22 propane and butane terminal facilities, situated coast to coast throughout the US, with products marketed by NGL Supply Wholesale.
NGL Energy has vertically integrated energy business with four primary businesses such as water services, crude oil logistics, NGL logistics and retail propane.
