|
|
Enterprise Products
Partners L.P. is the second
largest publicly traded, midstream energy partnership with a value of
approximately $7 billion. The intermediate sectors of the energy industry
downstream of oil and gas production and upstream of end user consumption
are known as midstream. These sectors provide services to producers and
consumers of energy. These services generally include but are not limited to
natural gas gathering, processing and wholesale marketing and Natural Gas
Liquids (NGLs) fractionation, transportation and storage.
Enterprise's 12,000-mile network of NGL pipelines provides its producing and consuming customers with access to multiple markets and a diversified supply. These pipelines traverse 20 states and link the major supply and consuming regions. The Company's storage assets, which includes 56 underground storage caverns located in seven states with a net storage capacity of approximately 119 million barrels, complement its pipeline assets and provides its customers additional value-added services in the form of an assured supply of natural gas. MAPL has three major operating systems:
During the last three years, the transportation volume on the Mid-America system has averaged 640 million barrels per day. Enterprise owns a 98 percent interest in the Mid-America pipeline system. Enterprise was recognized in 2003 as having the lowest incident rate for the number of hours worked among the largest companies by the Gas Processors Association. This is the third consecutive year the company has won this award, and the sixth time in the last eight years that Enterprise placed first in Division I category. The culture of safety is prevalent throughout Enterprise and extends to operations of all of its assets.
|
|