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Houston-based Enterprise Products Partners LP said Tuesday it will more than double brine storage capabilities to expand its natural gas liquids (NGL) and petrochemical storage services at the Mont Belvieu, TX facility.
Enterprise, which currently owns and operates 94 million bbl of usable NGL storage capacity at Mont Belvieu, will increase its brine storage capabilities to 19 million bbl from the current 9 million, said spokesman Randy Burkhalter.
"This expansion gives us more consistency, and it gives us more flexibility," said Burkhalter. It also offers "more assurance that we will be able to get the natural gas liquids out when we need to get them out."
Besides more storage capacity, Enterprise plans to drill two new brine production wells. The two projects are expected to be in service next year, and Enterprise expects increased revenues from its storage services business beginning in the second half of 2006.
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