Enterprise Products Brings Meeker LNG Plant Online, Moves Forward with Phase II

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Researched by Industrial Info Resources (Sugar Land, Texas)-- Enterprise Products Partners LP (NYSE:EPD ) (Houston, Texas) has completed construction on its Meeker NGL Fractionator and placed it online. The new single-train cryogenic plant has the capacity to process 750 million cubic feet per day (mmcfd) of natural gas and produces approximately 40,000 barrels per day (BBL/d) of NGL. The $350 million plant went online in mid-October, and Enterprise Products Partners has a 15-year agreement with EnCana Oil & Gas (USA) Incorporated to process up to 1.3 billion cubic feet per day (Bcf/d) from the Meeker plant in Meeker, Colorado. Chicago Bridge & Iron Company (NYSE:CBI ) (The Woodlands, Texas) was awarded the engineering, procurement and construction contract for the first phase of the project.

The construction on the second phase of the Meeker NGL plant is now in full swing and is designed to add a further 750 mmscfd of natural gas processing capacity with an NGL production rate of approximately 35,000 BBL/d. The Meeker Phase II off-site engineering contract was awarded to Propak Systems Limited (Calgary, Alberta), and the on-site engineering and project management contract for the Meeker Phase II project was awarded to S&B Engineers and Constructors Limited (Houston, Texas). The phase II plant expansion will entail the construction of a second NGL cryogenic train and supporting utilities at the site.

Phase II construction should be completed and placed into service in the third quarter of 2008. The Meeker NGL facility is a part of Enterprise's initiative to expand its western value chain, which includes $1.9 billion of capital commitments to natural gas gathering systems, gas processing facilities, NGL pipelines and NGL fractionation assets.

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