Lone Star Announces Construction Of 530-Mile NGL Pipeline

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Lone Star NGL LLC, an Energy Transfer Partners, L.P. and Regency Energy Partners LP joint venture, will construct a 530-mile NGL pipeline from Winkler County in West Texas to the Jackson County processing plant in Jackson County, TX. In addition, Lone Star has secured capacity on ETP’s recently announced NGL pipeline from Jackson County to Mont Belvieu.  
  Lone Star’s new pipeline will have a minimum capacity of 130,000 bpd with the potential to upsize the pipeline capacity. The project has over 65% of the capacity subscribed with key producers and processors under 15-year agreements, and is expected to be completed by early 2013. The estimated cost is $700 million, of which Energy Transfer will pay 70% and Regency will pay 30%.