American Midstream Partners (AMID) and Targa Resources’s joint venture pipeline is now operational. It has an initial capacity of 40,000 barrels per day but has the ability to expand to more than 50,000 barrels per day. It originates from the Targa-operated Venice gas processing plant and delivers to fractionation in Southern Louisiana.
The pipeline provides AMID with strategic transport capabilities for the majority of all NGL volume out of Gulf of Mexico’s deep-water Mississippi Canyon region where AMID has developed an integrated gathering and transportation network.
Cayenne is supported by a 15-year dedication for all NGL production from Targa’s 750 MMcf/d Venice plant with inlet from six offshore Gulf of Mexico pipelines.
AMID’s President and Chief Executive Officer, Lynn Bourdon III said: “The commencement of Cayenne demonstrates AMID’s ability to react to market demand and simultaneously execute on highly attractive commercial opportunities. Cayenne not only benefits offshore producers with a substantial increase in NGL take away capacity, but also creates meaningful value to AMID by taking an underutilized pipeline and altering its services into a strategic project.”
For more information visit www.americanmidstream.com
17th Jan 2018
