Bracewell Advised Energy Transfer Partners in Connection with Joint Venture to Construct a Pipeline
HOUSTON – Bracewell & Giuliani LLP advised Energy Transfer Partners LP (ETP) regarding the shipper agreements, open season and related regulatory work for a joint venture to construct a crude oil pipeline with Sunoco Logistics Partners L.P. and Phillips 66.
The pipeline will connect Phillips and Sunoco terminals in Nederland, Texas, to the Louisiana refinery market. Phillips holds a 40 percent interest in the joint venture, while both Sunoco and ETP hold 30 percent. Sunoco will operate the system.
Bracewell attorneys working on the transaction include:
Partner: Mark K. Lewis
Associate: George D. Fatula