ETP Injects $560M Into Expansion Of Natural Gas Projects

Law360, New York (February 16, 2012, 1:16 PM EST) -- Citing growing demand for natural gas, energy service company Eagle Transfer Partners LP on Thursday announced three new expansion projects for several of its facilities in Texas, totaling $560 million in planned investments.

After entering into new long-term agreements to provide producers with natural gas gathering, processing and liquids services from its Eagle Ford Shale project in south Texas, ETP said it will spend $210 million to further expand a previously announced pipeline and will also construct a new cryogenic processing facility.

Additionally, the company announced...
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