Energy Transfer 2015 Annual Report Download - page 14

Table of Contents
approximately 6,800 sites, both directly as well as through its 31.58% interest in Sunoco, LLC. Sunoco LP’s general partner is owned by ETE.
All Other Segment
Segments below the quantitative thresholds are classified as “All other.” These include the following:
• Prior to the Regency Merger, we owned an investment in Regency common and Class F units, which were received by Southern Union (now Panhandle)
in exchange for the contribution of its interest in Southern Union Gathering Company, LLC to Regency on April 30, 2013.
• Sunoco, Inc. owns an approximate 33% non-operating interest in PES, a refining joint venture with The Carlyle Group, L.P. (“The Carlyle Group”),
which owns a refinery in Philadelphia. Sunoco, Inc. has a supply contract for gasoline and diesel produced at the refinery for its retail marketing business.
• We conduct marketing operations in which we market the natural gas that flows through our gathering and intrastate transportation assets, referred to as
on-system gas. We also attract other customers by marketing volumes of natural gas that do not move through our assets, referred to as off-system gas. For
both on-system and off-system gas, we purchase natural gas from natural gas producers and other suppliers and sell that natural gas to utilities, industrial
consumers, other marketers and pipeline companies, thereby generating gross margins based upon the difference between the purchase and resale prices
of natural gas, less the costs of transportation. For the off-system gas, we purchase gas or act as an agent for small independent producers that may not
have marketing operations.
• 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 100% of the membership interests of Energy Transfer Group, L.L.C. (“ETG”), which owns all of the partnership interests of Energy Transfer
Technologies, Ltd. (“ETT”). ETT provides compression services to customers engaged in the transportation of natural gas, including our other segments.
• We own a 40% interest in LCL, which is developing a LNG liquefaction project, as described further under “Asset Overview – All Other” below.
• We own and operate a fleet of compressors used to provide turn-key natural gas compression services for customer specific systems. We also own and
operate a fleet of equipment used to provide treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration
and BTU management.
• We are involved in the management of coal and natural resources properties and the related collection of royalties. We also earn revenues from other land
management activities, such as selling standing timber, leasing coal-related infrastructure facilities, and collecting oil and gas royalties. These operations
also included Coal Handling, which owns and operates end-user coal handling facilities.
• ETP also owns PEI Power Corp. and PEI Power II, which own and operate a facility in Pennsylvania that generates a total of 75 megawatts of electrical
power.
Asset Overview
Intrastate Transportation and Storage
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 2,770 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 prolific production areas in the United States and is comprised of intrastate natural gas pipeline and related
natural gas storage facilities. The ET Fuel System has many interconnections with pipelines providing direct access to power plants, other intrastate and
interstate pipelines, and 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.
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