Business Wire | Sep 1, 2020 08:30AM EDT

Energy Transfer Announces Completion of Lone Star Express Pipeline Expansion Project

Sep. 01, 2020

DALLAS--(BUSINESS WIRE)--Sep. 01, 2020--Energy Transfer today announced the completion of its Lone Star Express Pipeline expansion project, which was a major part of Energy Transfer's 2020 capital program. The project was delivered on budget and ahead of schedule. The pipeline adds over 400,000 barrels per day of Natural Gas Liquids capacity to Energy Transfer's existing Lone Star NGL pipeline system in Texas.

The new 352-mile, 24-inch pipeline originates in Winkler County, Texas and connects into the existing Lone Star Express 30-inch pipeline at the Morgan Junction in Bosque County, Texas, south of Fort Worth. It will provide shippers additional connectivity out of the Permian and Delaware basins, further encouraging the recovery of production and jobs underway in the region.

The Lone Star pipeline system ultimately connects into Energy Transfer's Mont Belvieu facility, an integrated liquids storage and fractionation facility along the U.S. Gulf Coast with strategic connectivity to over 35 petrochemical plants, refineries, fractionators and third-party pipelines. Energy Transfer's seventh fractionator at Mont Belvieu was brought online earlier this year, bringing the partnership's total fractionation capacity to more than 900,000 barrels per day.

Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with a strategic footprint in all of the major domestic production basins. ET is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, NGL and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets. ET, through its ownership of Energy Transfer Operating, L.P., also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP (NYSE: SUN), and the general partner interests and 46.1 million common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com.

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CONTACT: Energy Transfer Media Relations 214.840.5820 Vicki Granado Media@energytransfer.com

CONTACT: Energy Transfer Investor Relations 214.981.0795 Bill Baerg, Brent Ratliff, Lyndsay Hannah investorrelations@energytransfer.com