EPIC Y-Grade Announces Completion of NGL Supersystem Spanning Corpus Christi to Sweeny, Texas, Including Strategic Connections to Premium Purity Markets | Your money
HOUSTON – (BUSINESS WIRE) – October 5, 2021–
EPIC Y-Grade, LP (âEPICâ or âthe Companyâ) is pleased to announce the completion of its 165-mile pipeline from the EPIC Robstown Fractionation Complex in Texas to the Sweeny Fractionation and Storage Complex , which includes Phillips 66 and Chevron Phillips Chemical. The company enjoys a strategic advantage through its connectivity to the Corpus Christi and Sweeny, Texas markets. EPIC can transport and split volumes of NGLs in both locations and access its storage location in Sweeny for Y grade and purity products. The Company also commissioned a 175-mile propane pipeline for the delivery and sale of product to Sweeny, Texas.
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EPIC continued to expand its long-term relationship with the downstream market through a recently completed ethane pipeline connected to Gulf Coast Growth Ventures, an ExxonMobil and SABIC joint venture. This facility, which has just announced its mechanical completion, will include a 1.8 million metric ton ethane steam cracker. EPIC is now positioned with multiple strategic connections of purity, including exports around its Corpus Christi fractionation complex.
âEPIC is the only pipeline that can provide shippers with transportation and fractionation service to Corpus Christi and Sweeny destinations,â said Brian Freed, President and CEO of EPIC. âOur assets offer producers and processors in the Permian Basin and Eagle Ford a first-rate full-service alternative to Mont Belvieu. I am extremely proud of our employees and contractors for safely executing our last major pipeline construction project.
In addition, LGN volumes began to flow under transportation agreements associated with BANGL, a strategic transaction between MPLX, WTG and WhiteWater Midstream, announced late last year.
About EPIC Y-Grade, LP
EPIC Y-Grade, LP (“EPIC Y-Grade”) was formed in 2017 to construct and operate a 24-inch natural gas liquids pipeline and associated fractionation complex connecting the Permian and Eagle NGL reserves Ford to Gulf Coast refiners. , petrochemical companies and export markets. The fractionation complex operated by EPIC Y-Grade is located at the terminus of the 24-inch pipeline in Robstown, Texas. EPIC Y-Grade owns and controls a fractionation capacity totaling 240,000 barrels per day in Robstown and Sweeny, Texas. EPIC Y-Grade is supported by capital commitments from funds managed by the Private Equity Group of Ares Management Corporation (NYSE: ARES) as well as additional ownership from Chevron Corporation and FS Investments. For more information, visit www.epicmid.com.
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