Enterprise Products Partners L.P. has entered into an agreement with ExxonMobil, under which ExxonMobil will acquire a 40-percent undivided joint interest in Enterprise's Bahia natural gas liquids $(NGL)$ pipeline. The 550-mile Bahia pipeline, connecting the Midland and Delaware basins of West Texas to Enterprise's Mont Belvieu fractionation complex, will have an initial capacity of 600,000 barrels per day and is set to begin commercial operations soon. Pending regulatory approvals, the transaction is expected to close by early 2026. Following the closing, Enterprise and ExxonMobil plan to expand the pipeline's capacity to 1 million barrels per day and construct a 92-mile extension to connect with ExxonMobil's Cowboy natural gas processing plant in New Mexico, with completion anticipated in the fourth quarter of 2027. Enterprise will operate the combined system.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Enterprise Products Partners LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20251120903907) on November 20, 2025, and is solely responsible for the information contained therein.
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