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Plains All American and Enterprise Products Announce Agreement to Expand Eagle Ford Joint Venture Pipeline

HOUSTON--(BUSINESS WIRE)--Plains All American Pipeline, L.P. (NYSE: PAA) and Enterprise Products Partners L.P. (NYSE: EPD) today announced they have agreed to expand their Eagle Ford Joint Venture (JV) crude oil pipeline. The expansion will increase the pipeline’s capacity to 470,000 barrels per day of light and medium crude oil grades to accommodate additional volumes expected from PAA’s Cactus pipeline that is currently under construction. The Eagle Ford JV pipeline expansion is expected to cost approximately $120 million and is expected to be in service in the second quarter of 2015.