Atlas Retains Citigroup Global Markets to Sell its Interest in West Texas LPG Pipeline

Source: www.gulfoilandgas.com 3/11/2014, Location: North America

Atlas Pipeline Partners, L.P. has retained Citigroup Global Markets Inc. to begin a strategic review of its ownership interest in the West Texas LPG Pipeline Limited Partnership ("WTXLPG"). To the extent that Atlas Pipeline executes any transaction, the potential proceeds will be used to fund part of its significant growth opportunities in its core operating areas.

WTXLPG owns a 2,295 mile common carrier y-grade natural gas liquids pipeline operated by a subsidiary of Chevron Corporation. Atlas Pipeline owns a 20% interest in WTXLPG. The pipeline receives natural gas liquids from multiple receipt points in the Permian Basin and Barnett Shale in Texas and transports volumes to Mont Belvieu, TX for fractionation.

For more information about related Opportunities and Key Players visit Shale Gas Projects


United States >>  5/18/2022 - Worley announced today that it has been awarded a three-year engineering and procurement (EP) services contract by Shell Offshore Inc. (Shell) to sup...

Related Categories: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 

Related Articles: Coalbed Methane  General  Heavy Oil  Methane Clathrate  Oil Sands  Oil Shale  Shale Gas  Tight Gas  Tight Oil 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.