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Energy Transfer Completes Phase II of 42-Inch Texas Pipeline Expansion

Energy Transfer Partners LP (ETP) said it completed the second phase of its 265-mile, 42-inch pipeline construction project, providing Fort Worth Basin producers with 500 MMcf/d of new firm transportation capacity to major hubs in East Texas.

The 32-mile pipeline Phase II segment, which connects the company's ET Fuel System with its Houston Pipe Line system, provides additional capacity to transport gas out of the capacity-constrained Barnett Shale and Bossier Sands' producing areas to the Carthage Hub, as well as to ETP's Texoma pipeline, which connects with numerous interstate and intrastate pipelines as well as direct markets.

"This new segment of pipeline is an integral part of ETP's overall transportation system, providing producers with increased capacity to meet production growth" said Lee Hanse, ETP senior vice president of optimization. "We are excited about the completion of this second phase, and look forward to the full completion of the project early next year."

Phase III of the expansion project is under construction and on schedule to be completed in the first quarter of next year. The capacity of the 42-inch pipeline will increase to 1 Bcf/d by March 2007.

ETP also has several other pipeline expansions under construction in North and East Texas, including two 24-mile, 24-inch diameter pipelines and a 36-inch pipeline in the Dallas-Forth Worth area, as well as the 42-inch Silsbee Pipeline expansion in North Texas. ETP owns the largest intrastate gas pipeline system in Texas and is the nation's third largest master limited partnership with $7.4 billion in market capitalization.

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