Enterprise Products Partners LP (NYSE:EPD) says that construction of the first segment of the Aegis pipeline between Mont Belvieu and Beaumont, Texas, has been completed and is ready to make ethane deliveries to petrochemical customers.
This 60-mile segment of 20-inch-diameter pipeline is part of the 270-mile Aegis ethane pipeline that when complete will create a 500-mile header system that stretches from Corpus Christi, Texas, to the Mississippi River in Louisiana. Including Enterprise’s existing South Texas infrastructure, this system is now in service from Corpus Christi to Beaumont.
The remainder of the Aegis pipeline will be completed in two phases. The next segment between Beaumont and Lake Charles, Louisiana, is scheduled to be completed in the third quarter of 2015. The final segment from Lake Charles to the Mississippi River is expected to be completed by the end of 2015. Aegis will have a capacity expandable to 425,000 barrels per day.