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Energy Transfer Partners Continues Expansion Momentum with Completion of Two North Texas Pipeline Projects

2008-08-05 12:26:00

Energy Transfer Partners Continues Expansion Momentum with Completion of Two North Texas Pipeline Projects

DALLAS–(EMWNews)–Energy Transfer Partners, L.P. (NYSE: ETP) announced today the

completion of two North Texas natural gas pipeline projects, the

135-mile, 36-inch Paris Loop pipeline and the 25-mile, 36-inch Maypearl

to Malone pipeline. These new pipelines boost the Partnerships

transportation capacity out of the Barnett Shale producing region to

more than 3.5 billion cubic feet per day.

The 135-mile Paris Loop pipeline originates near Eagle Mountain Lake in

Northwest Tarrant County, Texas and connects to the Partnerships

Houston Pipe Line system near Paris, Texas. It immediately provides

customers with more than 400 million cubic feet per day of much needed

capacity out of the Barnett Shale and is expected to accommodate 900

million cubic feet per day by the end of the first quarter 2009.

The 36-inch Maypearl to Malone pipeline extends from the Partnerships

systems near Maypearl, Texas to its 42-inch pipeline near Malone, Texas.

The expansion links an additional 600 million cubic feet per day of

capacity out of the Barnett Shale to major markets currently accessed by

the Partnerships extensive pipeline network.

As the largest transporter of natural gas out

of the Barnett Shale, were excited to

continue the forward momentum of transportation services in Texas as

well as in other producing areas with growth opportunity,

said Roy Patton, Senior Vice President of Energy Transfer Partners. The

Paris Loop and Maypearl to Malone pipelines allow natural gas producers

and shippers access to a wide range of markets and further demonstrate

the Partnerships efforts to stay ahead of the

rapidly expanding production in the Barnett Shale.

The completion of the Paris Loop and Maypearl to Malone natural gas

pipelines is an integral part of the Partnerships

overall expansion efforts. The Partnership plans to bring online more

than 700 miles of natural gas pipelines in 2008, with more than 500

miles of pipeline expected to be completed in Texas alone. Projects

expected to come online later this year include the Southern Shale,

Cleburne to Tolar, the Carthage Loop and the Katy Loop pipelines in

Texas, and the Phoenix Expansion in Arizona.

Energy Transfer Partners, L.P. (NYSE:ETP)

is a publicly traded partnership owning and operating a diversified

portfolio of energy assets. ETP has pipeline operations in Arizona,

Colorado, Louisiana, New Mexico and Utah, and owns the largest

intrastate pipeline system in Texas. ETPs

natural gas operations include intrastate natural gas gathering and

transportation pipelines, natural gas treating and processing assets and

three natural gas storage facilities located in Texas. These assets

include approximately 14,450 miles of intrastate pipeline in service,

with approximately 350 miles of intrastate pipeline under construction,

and 2,400 miles of interstate pipeline. ETP is also one of the three

largest retail marketers of propane in the United States, serving more

than one million customers across the country.

Energy Transfer Equity, L.P. (NYSE:ETE)

owns the general partner of Energy Transfer Partners and approximately

62.5 million ETP limited partners units.

The information contained in this press release is available on our

website at: www.energytransfer.com.

Investor Relations:
Energy Transfer
Brent Ratliff,

214-981-0700
or
Media Relations:
Gittins & Granado
Vicki

Granado, 214-504-2260
Cell: 214-498-9272

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Blake Masterson

Freelance Writer, Journalist and Father of 5

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