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Slide #20. NGL Energy Partners LP — Keyera Energy Inc.'s Natural Gas Liquids Terminals
NGL Energy Partners LP (NYSE:NGL)
Keyera Energy Inc.'s Natural Gas Liquids Terminals
NGL Energy Partners LP (NYSE:NGL) today announced that its wholly-owned subsidiary, NGL Supply Terminal Company, LLC, has completed an acquisition of natural gas liquid assets from Keyera Energy Inc., a Delaware corporation ("Keyera"). The acquired assets consist of four (4) rail to truck propane terminal facilities and related assets, located in Albuquerque, NM, Superior, MT, Shelton and Vancouver, WA. These terminals have a combined propane storage capacity of 640,000 gallons with the ability to throughput up to 100MM gallons annually.
NGL Energy Partners transports, stores, markets and provides other logistics services for crude oil, natural gas liquids and refined petroleum products. Co.'s crude oil logistics segment purchases crude oil from producers and marketers and transports it to refineries or for resale. Co.'s water solutions segment transports, treats, recycles and disposes of produced and flowback water generated from crude oil and natural gas production. Co.'s liquids and refined products segment conducts marketing operations for natural gas liquids, refined petroleum products and biodiesel to a range of commercial, retail and industrial customers across the United States and Canada.
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Hold (1.60 out of 4)