Lone Star NGL LLC, a unit of Dallas-based Energy Transfer Partners LP, will build a fourth NGL fractionation plant at Mont Belvieu, Tex., east of Houston, parent ETP has reported.
Estimated to cost about $450 million, the plant is to be operating by December 2016. ETP said the 120,000-b/d fractionator is “fully subscribed by multiple long-term contracts” and will be filled with flows through the new 533-mile, 24-in. and 30-in. Lone Star Express Pipeline.
That pipeline, currently under construction, will move up to 475,000 b/d, expandable to 705,000 b/d, of NGLs from the Permian’s Delaware and Midland basins to Mont Belvieu. Phases I and II of the pipeline, said the announcement, are on schedule for completion in second-quarter 2016 and fourth-quarter 2016, respectively.