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Energy Transfer Prepares to Place Major Growth Projects into Service, Begin New Ones

Energy Transfer Prepares to Place Major Growth Projects into Service, Begin New Ones

SUGAR LAND--May 11, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--With growing oil and gas production throughout the U.S., particularly in the Permian Basin and Marcellus and Utica shales, midstream operator Energy Transfer Partners LP (NYSE:ETP) (Dallas, Texas) is preparing to place several growth projects into service this year and is beginning construction on new ones. In the company's recent first-quarter earnings conference call, Chief Financial Officer Tom Long discussed major projects, including the Mariner East 2 natural gas liquids (NGL) pipeline in the Marcellus area and a new crude oil pipeline in Texas. Industrial Info is tracking more than $15.3 billion in active Energy Transfer projects.

Within this article: Updates of major Energy Transfer projects