Targa Resources Pitches Grand Prix NGL Pipeline

July 2017

Targa Resources Corp. intends to construct the Grand Prix Pipeline, a new common carrier natural gas liquids pipeline that will transport volumes from the Permian Basin and Targa’s North Texas system to the company’s NGL market hub at Mont Belvieu, TX.

The Grand Prix Pipeline will be supported by Targa’s volumes and other third party customer commitments, and is expected to be operational in the second quarter of 2019. The capacity of the pipeline from the Permian Basin will be 300 Mbpd, expandable to 550 Mbpd.