Enterprise Completes Phase 2 of TW Products System
Enterprise Products Partners (NYSE: EPD) has completed Phase 2 of its Texas Western Products system with the opening of a refined products truck terminal in Grand County, Utah. The new facility features 400,000 barrels of storage capacity for gasoline and diesel, with a loading capacity of 20,000 barrels per day. Located with direct access to Interstate 70, it serves markets in eastern Utah and western Colorado. This terminal joins three other facilities opened in 2024 in Texas and New Mexico, bringing the total system capacity to 1.5 million barrels of storage and 63,000 BPD loading capability.
Enterprise Products Partners (NYSE: EPD) ha completato la Fase 2 del suo sistema di prodotti occidentali del Texas con l'apertura di un terminal per prodotti raffinati a Grand County, Utah. La nuova struttura dispone di 400.000 barili di capacità di stoccaggio per benzina e gasolio, con una capacità di caricamento di 20.000 barili al giorno. Situata con accesso diretto all'Interstate 70, serve i mercati dell'Utah orientale e del Colorado occidentale. Questo terminal si unisce ad altre tre strutture aperte nel 2024 in Texas e Nuovo Messico, portando la capacità totale del sistema a 1,5 milioni di barili di stoccaggio e 63.000 BPD di capacità di caricamento.
Enterprise Products Partners (NYSE: EPD) ha completado la Fase 2 de su sistema de productos occidentales de Texas con la apertura de una terminal de productos refinados en el Condado de Grand, Utah. La nueva instalación cuenta con 400,000 barriles de capacidad de almacenamiento para gasolina y diésel, con una capacidad de carga de 20,000 barriles por día. Ubicada con acceso directo a la Interestatal 70, sirve a los mercados del este de Utah y del oeste de Colorado. Esta terminal se une a otras tres instalaciones inauguradas en 2024 en Texas y Nuevo México, llevando la capacidad total del sistema a 1.5 millones de barriles de almacenamiento y 63,000 BPD de capacidad de carga.
Enterprise Products Partners (NYSE: EPD)는 텍사스 서부 제품 시스템의 단계 2를 완료하고 유타주 그랜드 카운티에 정제된 제품 트럭 터미널을 개장했습니다. 새로운 시설은 가솔린과 디젤을 위한 40만 배럴의 저장 용량을 갖추고 있으며, 일일 2만 배럴의 하역 용량을 자랑합니다. 인터스테이트 70에 직접 접근할 수 있는 위치에 있어 유타 동부와 콜로라도 서부의 시장을 서비스를 제공합니다. 이 터미널은 2024년 텍사스와 뉴멕시코에 개장된 다른 세 개의 시설에 합류하여 시스템의 총 저장 용량을 150만 배럴로, 63,000 BPD의 하역 능력을 제공합니다.
Enterprise Products Partners (NYSE: EPD) a complété la Phase 2 de son système de produits occidentaux du Texas avec l'ouverture d'un terminal de camions pour produits raffinés dans le comté de Grand, Utah. La nouvelle installation dispose d'une capacité de stockage de 400 000 barils pour l'essence et le diesel, avec une capacité de chargement de 20 000 barils par jour. Située avec un accès direct à l'Interstate 70, elle dessert les marchés de l'est de l'Utah et de l'ouest du Colorado. Ce terminal rejoint trois autres installations ouvertes en 2024 au Texas et au Nouveau-Mexique, portant la capacité totale du système à 1,5 million de barils de stockage et 63 000 BPD de capacité de chargement.
Enterprise Products Partners (NYSE: EPD) hat Phase 2 seines Texas-Western-Produkte-Systems mit der Eröffnung eines Raffinerieprodukte-Lkw-Terminals im Grand County, Utah, abgeschlossen. Die neue Einrichtung verfügt über 400.000 Barrel Lagerkapazität für Benzin und Diesel, mit einer Ladekapazität von 20.000 Barrel pro Tag. Sie befindet sich mit direktem Zugang zur Interstate 70 und bedient Märkte im östlichen Utah und im westlichen Colorado. Dieses Terminal schließt sich drei weiteren Einrichtungen an, die 2024 in Texas und New Mexico eröffnet wurden, und erhöht die Gesamtsystemkapazität auf 1,5 Millionen Barrel Lagerung und 63.000 BPD Ladefähigkeit.
- New terminal adds 400,000 barrels of storage capacity
- System's total storage capacity reaches 1.5 million barrels
- Strategic location provides access to multiple markets
- Potential for increased importance due to California refinery closures
- None.
Insights
The completion of TW Products system's Phase 2 marks a significant strategic expansion for Enterprise Products Partners. The new Grand Junction terminal, with its 400,000-barrel storage capacity and 20,000 BPD loading capability, substantially strengthens EPD's distribution network in the western United States. The total system now boasts 1.5 million barrels of storage capacity across four terminals.
This infrastructure development is particularly well-timed given California's refinery closures, positioning EPD to capture increased market share in the region. The strategic location along I-70 and the repurposing of existing pipeline assets demonstrate excellent capital efficiency while creating new revenue streams. The system's ability to connect underserved markets with major refining hubs should drive sustained demand and stable cash flows.
The TW Products system represents a shrewd strategic move in the evolving western U.S. energy landscape. With California's refinery closures creating supply gaps, EPD's enhanced distribution network is positioned to become a important link in the region's fuel supply chain. The system's ability to provide more reliable and diverse fuel supplies should translate into stronger pricing power and market position.
The terminal's location and capacity are optimized to serve both Utah and Colorado markets efficiently, potentially capturing market share from existing suppliers while offering competitive pricing advantages through economies of scale. This expansion strengthens EPD's competitive moat in the midstream sector while providing essential infrastructure in traditionally underserved markets.
The new terminal joins three other facilities that began service earlier in 2024, which are located in
“The TW Products system highlights two of Enterprise’s core strengths: the creativity and determination of our people, and the flexibility of our integrated midstream network,” said A.J. “Jim”
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products production, transportation, storage, and marine terminals and related services; and a marine transportation business that operates on key
This press release includes “forward-looking statements” as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise’s reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
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Libby Strait, Investor Relations, (713) 381-4754 or (866) 230-0745
Rick Rainey, Media Relations (713) 381-3635
Source: Enterprise Products Partners L.P.
FAQ
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