Energy Transfer Partners Announces Binding Expansion Open Season for the Bakken Pipeline System
DALLAS--(BUSINESS WIRE)--Energy Transfer Partners, L.P. (NYSE: ETP) today announced that its subsidiaries Dakota Access, LLC (“Dakota Access”) and Energy Transfer Crude Oil Company, LLC (“ETCO”) launched a Binding Expansion Open Season (“Expansion Open Season”) to solicit shipper commitments for expanded joint tariff transportation service from the Bakken/Three Forks play in North Dakota to storage terminals located in Nederland, Texas through their respective pipeline systems (collectively, the “Bakken Pipeline System”). Dakota Access and ETCO anticipate that incremental capacity on the Bakken Pipeline System will be determined based on committed subscriptions made by shippers during the Expansion Open Season. The Bakken Pipeline System is operated by a wholly owned subsidiary of ETP.