Trafigura Inks Texas Pipeline Deal With Energy Transfer

Law360, Houston (November 7, 2013, 9:07 PM EST) -- Dutch multinational commodity trading company Trafigura AG said Thursday it has signed a pipeline agreement with Energy Transfer Partners LP to move up to 100,000 barrels of crude oil and condensate per day from the Eagle Ford Shale to Trafigura’s Corpus Christi terminal.

The deal calls for Energy Transfer to convert some of its existing natural gas pipelines that will be integrated into a new 82-mile system spanning from McMullen County to Corpus Christi, Trafigura said. When the pipeline comes online, which is expected to happen...
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