Energy Transfer Partners LP’s (ETP) latest acquisition is intended to grow the partnership’s pipeline footprint, not in natural gas but in the far more lucrative crude oil and natural gas liquids (NGL). The focus on oil and liquids is a sign of the times as ETP intends to convert some gas pipelines to crude oil service. It’s not the only midstream player planning to re-purpose gas pipelines, a consultant pointed last week, suggesting that there are more conversions to come.
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机译：Energy Transfer Partners LP（ETP）的最新收购意在扩大该伙伴关系的管道覆盖范围，而不仅仅是天然气，而是利润更大的原油和天然气液体（NGL）。随着ETP计划将一些天然气管道转换为原油服务，对石油和液体的关注是时代的标志。一位顾问上周指出，这不是唯一打算重新利用天然气管道的中游公司，它暗示还会有更多的转换。
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