Comprehensive Energy Data Intelligence

Information About Energy Companies, Their Assets, Market Deals, Industry Documents and More...

Recent Articles

Winter Storm Fern: Mapping Where Power Stress Concentrated and Why It Matters

Winter Storm Fern: Mapping Where Power Stress Concentrated and Why It Matters

Winter Storm Fern pushed cold temperatures across a wide stretch of the ...

Delaware Becomes the Anchor, How Devon and Coterra Align Acreage and Wells

Delaware Becomes the Anchor, How Devon and Coterra Align Acreage and Wells

Devon Energy and Coterra Energy said they will merge in a $58B all-stock...

Energy Transfer’s 2026 Capex Pivot, Pipelines, Processing, NGLs, and Lake Charles LNG

Energy Transfer’s 2026 Capex Pivot, Pipelines, Processing, NGLs, and Lake Charles LNG

Energy Transfer is putting Lake Charles LNG on pause and redirecting att...

Archive

NGL Energy Partners Strengthens its Propane Asset Portfolio in the North-East

04/03/2019

Chesapeake NGL terminal

DCP earlier announced it would sell its Gas Supply Resources (GSR) - Wholesale Propane Business - to NGL Energy Partners LP.

NGL Energy Partners Strengthens its Propane Asset Portfolio in the North-East

According to a purchase and sale agreement DCP conveys to NGL its wholesale propane business.

In general, the latter consisted of seven natural gas liquids terminals in the Eastern United States.

Under the terms of the agreement, NGL has acquired 100% ownership of five propane rail terminals operated by Gas Supply Resources, a subsidiary of DCP, and 50% ownership interest in a sixth propane rail terminal.

The agreement also includes an import/export terminal located in Chesapeake, Virginia, with the capability to load or unload ships from Handy-sized vessels up to Very Large Gas Carriers.

Want to see how Rextag’s Energy DataLink works for your team? Click Free Trial to get started, and one of our specialists will walk you through key datasets and workflows.

Article Tags

DCP
Midstream
NGL Energy Partners
NGLs
North-East
Propane
Wholesale

Related Articles

Winter Storm Fern: Mapping Where Power Stress Concentrated and Why It Matters

Winter Storm Fern: Mapping Where Power Stress Concentrated and Why It Matters

Winter Storm Fern pushed cold temperatures across a wide stretch of the ...

Delaware Becomes the Anchor, How Devon and Coterra Align Acreage and Wells

Delaware Becomes the Anchor, How Devon and Coterra Align Acreage and Wells

Devon Energy and Coterra Energy said they will merge in a $58B all-stock...