Oil, Gas and Consumable Fuels
Company Overview of Enterprise Products Operating LLC
Enterprise Products Operating LLC explores and transports natural gas and natural gas liquids (NGL) in North America. It operates in four segments: Pipelines, Fractionation, Processing, and Octane Enhancement. The Pipelines segment consists of NGL, petrochemical, and natural gas pipeline systems; storage; and import/export services. The Fractionation segment primarily includes NGL and propylene fractionation, and isomerization services. The Processing segment includes natural gas processing and related NGL marketing activities. The Octane Enhancement segment consists of facilities that produce motor gasoline additives to enhance octane. In addition, the company provides marketing and operati...
1100 Louisiana Street
Houston, TX 77002
Key Executives for Enterprise Products Operating LLC
Chief Executive Officer and President of Enterprise Products OLPGP Inc.
Chief Executive Officer and Vice Chairman of Enterprise Products OLPGP Inc and Member of Executive Committee
Principal Accounting Officer
Executive Vice President of Enterprise Products GP LLC
Compensation as of Fiscal Year 2014.
Enterprise Products Operating LLC Key Developments
Air Products and Chemicals, Inc. Announces Agreement with Enterprise Products Operating LLC
Apr 17 14
Air Products and Chemicals Inc., a provider of atmospheric, process and specialty gases, has announced a long-term agreement with Enterprise Products Operating LLC to increase hydrogen supply for refinery and petrochemical customers connected to Air Products' Gulf Coast Connection Pipeline system. Air Products will build, own, and operate a 40 million standard cubic feet per day (MMSCFD) hydrogen production facility to process a hydrogen-rich off-gas stream from a new propane dehydrogenation facility Enterprise is currently constructing in Mont Belvieu, Texas. The new PDH plant is scheduled to begin service in the third quarter of 2015.
Enterprise Products Operating, LLC Enters into 364-Day Revolving Credit Agreement
Jun 20 13
On June 19, 2013, Enterprise Products Operating LLC entered into a 364-day revolving credit agreement among EPO, as borrower, the lenders party thereto, Wells Fargo Bank, National Association, as Administrative Agent, Citibank, N.A., DNB Bank ASA, New York Branch, JPMorgan Chase Bank, N.A., Mizuho Corporate Bank Ltd. and The Royal Bank of Scotland Plc, as Co-Syndication Agents, and The Bank of Nova Scotia, SunTrust Bank, The Bank of Tokyo-Mitsubishi UFJ Ltd., UBS Securities LLC and Royal Bank of Canada, as Co-Documentation Agents. Under the terms of the 364-day credit agreement, EPO may borrow up to $1.0 billion at a variable interest rate for a term of 364 days, subject to the terms and conditions set forth therein.
Enterprise Products Operating, LLC Expands Bank Facilities to $4.5 Billion
Jun 20 13
Enterprise Products Partners L.P. announced that on June 19 its operating subsidiary, Enterprise Products Operating, LLC, expanded its bank credit facilities to provide the company with an aggregate of up to $4.5 billion of borrowing capacity. The facilities are comprised of an amended $3.5 billion multi-year revolving credit agreement that matures on June 19, 2018 and a new $1.0 billion 364-day revolving credit agreement. EPO's obligations under both facilities are unconditionally guaranteed by Enterprise on an unsecured and unsubordinated basis.
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