Energy Transfer 2012 Annual Report Download - page 19

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11
We own all of the outstanding equity interests of a natural gas compression equipment business with operations in Arkansas,
California, Colorado, Louisiana, New Mexico, Oklahoma, Pennsylvania and Texas.
We own a 32% limited partner interest in AmeriGas, which is engaged in retail propane marketing. We acquired this interest
when we contributed our retail propane operations to AmeriGas in January 2012. Our retail propane operations were previously
reflected as a separate reportable segment.
Southern Union has operations providing local distribution of natural gas in Missouri and Massachusetts. The operations are
conducted through the Southern Union’s operating divisions: Missouri Gas Energy and New England Gas Company. As
noted in "Strategic Transactions" above, we recently entered into an agreement to sell these operations.
Sunoco owns an approximate 30% non-operating interest in Philadelphia Energy Solutions (“PES”), a joint venture with The
Carlyle Group, L.P. (“The Carlyle Group”), which owns a refinery in Philadelphia. Sunoco has a ten-year supply contract
for gasoline and diesel produced at the refinery for its retail marketing business.
Asset Overview
Intrastate Transportation and Storage Segment
The following details our pipelines and storage facilities in the intrastate transportation and storage segment.
ET Fuel System
Capacity of 5.2 Bcf/d
Approximately 2,875 miles of natural gas pipeline
Two storage facilities with 12.4 Bcf of total working gas capacity
Bi-directional capabilities
The ET Fuel System serves some of the most active drilling areas in the United States and is comprised of intrastate natural gas
pipeline and related natural gas storage facilities. With approximately 550 receipt and/or delivery points, including interconnects
with pipelines providing direct access to power plants and interconnects with other intrastate and interstate pipelines, the ET Fuel
System is strategically located near high-growth production areas and provides access to the Waha Hub near Midland, Texas, the
Katy Hub near Houston, Texas and the Carthage Hub in East Texas, the three major natural gas trading centers in Texas. The major
shippers on our pipelines include EOG Resources, Inc., Chesapeake Energy Marketing, Inc., XTO Energy, Inc. (“XTO”), Luminant
Energy Company LLC, and EnCana.
The ET Fuel System also includes our Bethel natural gas storage facility, with a working capacity of 6.4 Bcf, an average withdrawal
capacity of 300 MMcf/d and an injection capacity of 75 MMcf/d, and our Bryson natural gas storage facility, with a working
capacity of 6.0 Bcf, an average withdrawal capacity of 120 MMcf/d and an average injection capacity of 96 MMcf/d. All of our
storage capacity on the ET Fuel System is contracted to third parties under fee-based arrangements that extend through 2017.
In addition, the ET Fuel System is integrated with our Godley processing plant which gives us the ability to bypass the plant when
processing margins are unfavorable by blending the untreated natural gas from the North Texas System with natural gas on the
ET Fuel System while continuing to meet pipeline quality specifications.
Oasis Pipeline
Capacity of 1.2 Bcf/d
Approximately 600 miles of natural gas pipeline
Connects Waha to Katy market hubs
Bi-directional capabilities
The Oasis pipeline is primarily a 36-inch natural gas pipeline. It has bi-directional capability with approximately 1.2 Bcf/d of
throughput capacity moving west-to-east and greater than 750 MMcf/d of throughput capacity moving east-to-west. The Oasis
pipeline has many interconnections with other pipelines, power plants, processing facilities, municipalities and producers.
The Oasis pipeline is integrated with our Southeast Texas System and is an important component to maximizing our Southeast
Texas System’s profitability. The Oasis pipeline enhances the Southeast Texas System by (i) providing access for natural gas on
the Southeast Texas System to other third party supply and market points and interconnecting pipelines and (ii) allowing us to
bypass our processing plants and treating facilities on the Southeast Texas System when processing margins are unfavorable by
blending untreated natural gas from the Southeast Texas System with gas on the Oasis pipeline while continuing to meet pipeline
quality specifications.
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