Sunoco Logistics Partners LP (NYSE:SXL) has begun a binding open season for its Mariner East 2 project. This open season is for a pipeline that will transport natural gas liquids from processing facilities built in the liquids-rich Marcellus and Utica shale areas in Western Pennsylvania, West Virginia, and Eastern Ohio to Sunoco Logistics’ Marcus Hook Industrial Complex on the Delaware River, approximately 300 to 400 miles from the production region. The Mariner East 2 pipeline is expected to be operational in early 2016.
Michael J. Hennigan, president and CEO, said, “We are bullish on the production growth from the Marcellus and Utica shales. We are proceeding with the open season as we have received considerable market interest to develop this project to provide producers with several marketing options for their expanding production. We believe the market is long on NGLs as the supply will continue to outpace demand. As a result, Mariner East 2 would provide the highest value option for producers in this region as an export solution on the East Coast. We will continue to add storage and expand our Marcus Hook complex to be a world class NGL facility on the East Coast. In addition, the 800-acre Marcus Hook site is well positioned for further NGL processing.”