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Enterprise and American Midstream to Optimize Gulf Coast Assets

HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE: EPD) and American Midstream Partners, LP (NYSE: AMID) today announced they have entered into an agreement under which American Midstream may elect to purchase a 25 percent interest in Enterprise’s Pascagoula natural gas processing plant. The purchase option is subject to certain conditions, including American Midstream completing modifications to certain facilities on its High Point pipeline system that will provide incremental natural gas volumes with access to the Pascagoula plant.