Enterprise Products to Form Joint Venture with Energy Transfer - The Deal Marks Energy Transfer’s Entry into the Fee-Based Crude Oil Pipeline and Terminalling Business

Enterprise Products to Form Joint Venture with Energy Transfer - The Deal Marks Energy Transfer’s Entry into the Fee-Based Crude Oil Pipeline and Terminalling Business - Deal Analysis from GlobalData

Summary

Enterprise Products Partners L.P. (EPD), a midstream energy company, entered into a 50:50 joint venture agreement with Energy Transfer Partners, L.P. (Energy Transfer Partners), a natural gas transportation company, to design and construct a crude oil pipeline from Cushing, Oklah+oma to Houston. Under the terms of the agreement, EPD and Energy Transfer Partners each will contribute their existing assets to the joint venture. The new pipeline is expected to commence operations in the fourth quarter of 2012.

Scope

• Rationale behind EPD and Energy Transfer Partners forming a joint venture,
• Strategic Benefits for the companies involved,
• Geography covered -US

Reasons to buy

• Develop a sound understanding of the major M&A's, Partnerships, And Joint Ventures taking place in North American industry,
• Identify the most lucrative segments to leverage on the growth oppurtunities available in the US's oil & gas market,
• Get a detailed analysis of a deal to enable you to take better decisions.

Contents

1 TABLE OF CONTENTS

1.1 List of Tables
1.2 List of Figures

2 ENTERPRISE PRODUCTS TO FORM JOINT VENTURE WITH ENERGY TRANSFER

2.1 Deal Overview
2.2 Deal in Brief
2.3 The Planned Pipeline Project will Facilitate Increased Storage and Transportation in the US-Gulf Coast Region
2.4 The Deal Further Diversifies Energy Transfer Partners’ Business Portfolio
2.5 EPD has also been Acquiring Assets to Expand its Business
2.6 The Companies will Utilize their Existing Assets for the Joint Venture Project
2.7 Deal Financials and Valuations
  2.7.1 Companies Involved
  2.7.2 Detailed Partner Information
  2.7.3 Detailed Partner Information

3 APPENDIX

3.1 Methodology
  3.1.1 Coverage
  3.1.2 Secondary Research
  3.1.3 Primary Research
  3.1.4 Expert Panel Validation
3.2 Contact Us
3.3 Disclaimer 6

LIST OF TABLES

Table 1: Top 10 Active Refineries, US Gulf- Coast, December 31, 2010
Table 2: EPD, Partnerships and Acquisitions Details, 2010 – April 2011
Table 3: Cushing- Houston Pipeline, Details, April 2011
Table 4: Companies Involved
Table 5: Partner Information
Table 6: Partner Information 5

LIST OF FIGURES

Figure 1: Energy Transfer Partners, Operations Map, April 2011
Figure 2: EPD, Midstream Energy Assets, April 2011
Figure 3: Cushing-Houston Pipeline, Planned Location Map 4 Skip to top