December 27, 2014 6:16 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Enterprise TE Products Pipeline Company LLC

Company Overview

Enterprise TE Products Pipeline Company LLC owns and operates carrier pipelines of refined products and liquefied petroleum gases in the United States. The company owns and operates petrochemical pipelines. It also engages in the transportation, marketing, and storage of refined products, LPGs, and petrochemicals. The company’s operations consist of interstate transportation, storage and terminaling of refined products and LPGs; intrastate transportation of petrochemicals; and distribution and marketing operations, including terminaling services and other ancillary services. Its other activities are related to the intrastate transportation of petrochemicals under a throughput and deficiency ...

1100 Louisiana Street

Suite 1600

Houston, TX 77002-5227

United States

Founded in 1990

Phone:

713-381-3988

Fax:

713-759-3500

Key Executives for Enterprise TE Products Pipeline Company LLC

Chief Executive Officer of TEPPCO GP Inc
Age: 64
Chief Financial Officer of TEPPCO GP - General Partner
Age: 52
Compensation as of Fiscal Year 2014.

Enterprise TE Products Pipeline Company LLC Key Developments

Enterprise Products Partners L.P., Enterprise Te Products Pipeline Company LLC and Murphy Oil USA Inc. Enter in to Confidential Settlement

Enterprise Products Partners L.P. will continue some intrastate delivery of Murphy Oil USA Inc.'s diesel fuel on one of Enterprise's pipelines, which was supposed to end supplies to several Arkansas locations on July 1, 2013. The diesel will be transported as a result of a confidential settlement between Murphy Oil and Enterprise that occurred after Murphy Oil filed a lawsuit asking a federal court to prohibit Enterprise Products Partners from ending the shipment of diesel and jet fuel via pipeline. As a result of the agreement, the lawsuit has been dismissed. In June, Murphy Oil filed a civil suit against Enterprise Products Partners of Houston and its affiliate, Enterprise TE Products Pipeline Co., saying the companies were in breach of a 2006 agreement that said Enterprise would provide interstate pipeline service for Murphy Oil's gasoline and diesel products. Enterprise said in May it would end diesel and jet fuel pipeline delivery to El Dorado, North Little Rock and Jonesboro beginning July 1. A 14-day restraining order issued June 20 delayed Enterprise's plan. Enterprise plans to reverse the flow of its pipeline and ship ethane from the Marcellus-Utica shale in the Northeast to the Gulf Coast. The company said demand has declined in the Arkansas markets it was serving because more crude oil is being refined in the U.S. and because natural-gas production has increased in the Northeast. Enterprise was transporting diesel and jet fuel along a 14-inch pipeline from Beaumont, Texas, to El Dorado. In El Dorado, the pipeline increases to 16 inches for shipments going to Jonesboro and North Little Rock. The 16-inch line continues to Ohio. Murphy Oil said it was against the pipeline change because the move would violate the 2006 agreement between the companies and that Murphy Oil was dependent on Enterprise to provide service of refined products from the Gulf Coast to the Midwest on the 20-inch line.

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