TULSA, Okla.--(BUSINESS WIRE)--NGL Energy Partners LP (NYSE: NGL) today announced that its wholly-owned subsidiary, NGL Supply Terminal Company, LLC, has completed an acquisition of natural gas liquid assets from Keyera Energy Inc., a Delaware corporation (“Keyera”). The acquired assets consist of four (4) rail to truck propane terminal facilities and related assets, located in Albuquerque, NM, Superior, MT, Shelton and Vancouver, WA. These terminals have a combined propane storage capacity of 640,000 gallons with the ability to throughput up to 100MM gallons annually.
The acquisition will increase the portfolio of natural gas liquid terminals operated by NGL Supply Terminal Company, LLC to 22 propane and butane terminal facilities, located coast to coast throughout the U.S., with products marketed by NGL Supply Wholesale, LLC. NGL looks forward to building upon the successful foundation that Keyera established over the years.
For marketing information please contact:
NGL Supply Wholesale, LLC
Director, Sales and Marketing
6120 S. Yale Avenue, Suite 805
Tulsa, OK 74136
(918) 477-0512 (Office)
About NGL Energy Partners LP
NGL Energy Partners LP is a Delaware limited partnership. NGL owns and operates a vertically integrated energy business with four primary businesses: water services, crude oil logistics, NGL logistics and retail propane. NGL completed its initial public offering in May 2011. For further information visit the Partnership's website at www.nglenergypartners.com.