Enterprise, 2 other firms sign NGL pipeline-development deal

04/13/2012 | Wall Street Journal, The

Enterprise Products Partners will team up with DCP Midstream and Anadarko Petroleum for the construction of a natural gas liquids pipeline from Colorado's Denver-Julesburg Basin to Texas. The pipeline is expected to have an initial capacity of about 150,000 barrels a day. "We are very pleased to partner with Anadarko and DCP on this project, which will extend Enterprise's integrated pipeline network into the liquids-rich DJ Basin to address the area's NGL transportation constraints," said Michael Creel, president and CEO of Enterprise.

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