Enterprise, Others Sign Shippers For Texas Pipeline

Law360, New York (March 6, 2012, 4:45 PM EST) -- The natural gas joint venture developing the Texas Express Pipeline on Tuesday announced it had entered into several 15-year shipping agreements with unaffiliated companies to transport 232,000 barrels of natural gas liquids per day produced by the proposed pipeline.

Midstream energy service provider Enterprise Products Partners LP, crude oil and natural gas transporter Enbridge Energy Partners LP and exploration and production company Anadarko Petroleum Corp. have teamed up to develop the TEP.

The shipping agreements bring the joint venture one step closer to initiating the 580-mile...
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