Purchased

In a $120 million deal with Enron Corp., EOTT Energy Partners LP has purchased a Texas-based hydrocarbon processing complex and a natural gas liquids storage facility, as well as a liquids pipeline grid system. EOTT also signed a 10-year tolling agreement for production from the hydrocarbon complex and a 10-year storage and transportation agreement to use the pipeline and storage systems with an Enron affiliate.

El Paso Corp. is continuing to look for ways to incorporate the All American Pipeline assets it purchased last year from Arco into its California pipeline systems. The company announced that its Mojave Pipeline subsidiary is holding an open season to support expansions to serve central California.

El Paso Corp. is continuing to look for ways to incorporate the All American Pipeline assets it purchased last year from Arco into its California pipeline systems. The company announced that its Mojave Pipeline subsidiary is holding an open season to support expansions to serve central California.

Kinder Morgan Energy Partners, L.P. announced it has purchasedDelta Terminal Services, Inc. for approximately $114 million incash. The acquisition “represents about half of the transactions weexpect to announce in December,” said Richard D. Kinder, KMPchairman, and brings to more than $2 billion the company’sannounced acquisitions this year. The Delta purchase includes twoliquid bulk storage terminals in New Orleans, LA, and Cincinnati,OH, providing services to producers of petroleum, chemicals andother products. “This acquisition is a great fit with our recentlyannounced GATX transaction — in which we acquired 12 terminalsacross the country — as it gives us liquids terminals in two newlocations, including access to the important Port of New Orleansmarket,” Kinder said. The New Orleans terminal has a storagecapacity of 2.5 million barrels, while the Cincinnati terminalholds 500,000 barrels.

Conoco subsidiary, Conoco Global Power (CGP) has tappedsubsidiaries of NRG Energy to help own and operate SRW CogenerationLP, and its holdings. NRG Energy purchased a 50% stake in thecompany at an undisclosed cost. Currently, the partnership owns,and will operate a $260 million power facility near Orange, TX, nowunder construction.

Crosstex Energy Services announced it has purchased Tejas GasTransmission LLC, an indirect subsidiary of Coral Energy, for anundisclosed amount. Tejas owns the 484-mile Gulf Coast PipelineSystem, which transports about 120 MMcf/d of gas, and includes asupply and marketing team, called G C Marketing Co.

Crosstex Energy Services announced it has purchased Tejas GasTransmission LLC, an indirect subsidiary of Coral Energy, for anundisclosed amount. Tejas owns the 484-mile Gulf Coast PipelineSystem, which transports about 120 MMcf/d of gas, and includes asupply and marketing team, called G C Marketing Co.

Houston’s Enterprise Products Partners L.P. has purchased Acadian Gas LLC’s extensive southern Louisiana assets, which include 1,000-plus miles of pipeline, more than 1 Bcf/d of capacity and a leased natural gas storage facility with 3.4 Bcf of capacity from Coral Energy LLC for $226 million in cash. Coral Energy, also based in Houston, is an affiliate of Shell Oil Co.

The Pennsylvania Office of Consumer Advocate (OCA) announced that Titan Energy, which was purchased by AES Power Direct, LLC for $6 million in cash at the end of July, will be returning an estimated $281,000 in uncashed deposit checks to approximately 6,300 of its Pennsylvania customers in the Columbia Gas and Peoples Natural Gas service territories (see NGI, July 31).