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News Breaks
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February 8, 2012
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| 07:41 EDT |  | XTEX, XTXI |
| theflyonthewall.com: | Crosstex Energy announces long-term supply commitments | | The Crosstex Energy companies, Crosstex Energy L.P. (XTEX) and Crosstex Energy, Inc. (XTXI) (the Corporation), announced that the Partnership has received sufficient long-term supply commitments to proceed with the construction of its Cajun-Sibon extension, a 130-mile, 12-inch-diameter natural gas liquids, NGL, pipeline. The pipeline will extend the Partnership’s existing 440-mile Cajun-Sibon NGL system and connect Crosstex’s NGL fractionation facilities in south central Louisiana to Mont Belvieu supply pipelines in East Texas. The extension allows the Partnership to provide producers and midstream companies an attractive alternative market for their NGL production at Mont Belvieu pricing. :theflyonthewall.com |
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