Energy Transfer Partner and Regency Energy Partners have formed a joint venture to purchase LDH Energy Asset Holdings from Louis Dreyfus Highbridge Energy for $1.9 billion in cash.

摘要

LDH owns and operates a natural gas liquids storage, fractionation and transportation business. LDH's storage assets are primarily located in Mont Belvieu, Texas, one of the largest NGL storage, distribution and trading complexes in North America. Its West Texas Pipeline transports NGLs through a 1,000-mile intrastate pipeline system that originates in the Permian Basin in West Texas, passes through the Barnett Shale production area in North Texas and ends at the Mont Belvieu storage and fractionation complex. LDH also owns and operates fractionation and processing assets in Louisiana.