Enterprise and Questar to partner on hub |
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Published
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Mon, 27 Aug 2007 14:33
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HOUSTON (AP) - Enterprise Products Partners LP said Monday it agreed to develop a new natural gas pipeline hub in the Rocky Mountains with Questar Pipeline Co., a subsidiary of natural gas company Questar Corp.The proposed White River Hub would be owned equally by Questar and Enterprise. The hub would connect Enterprise's natural gas processing complex near Meeker, Colo., with up to six interstate pipelines in the western part of the state, including Questar Pipeline.As proposed, the 30-inch hub pipeline would have the capacity to transport more than 2.5 billion cubic feet per day and would provide hub-related services for natural gas producers, marketers and purchasers in the area.Questar Pipeline has agreed to construct and operate the pipeline. Enterprise has committed to 1.5 billion cubic feet per day of firm capacity on the pipeline and Questar Pipeline has committed to 0.5 billion cubic feet per day.Enterprise said an open season offering for the remaining firm capacity will be held immediately.The proposed pipeline is expected to be constructed in the summer of 2008 and be in service during the fall of 2008, subject to the open season results and regulatory approvals.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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