ENERGY TRANSFER PARTNERS HEADING SOUTH OF THE BORDER. US-Mexico Natural Gas Forum August 15, 2017

Transcription

1 ENERGY TRANSFER PARTNERS HEADING SOUTH OF THE BORDER US-Mexico Natural Gas Forum August 15, 2017

2 LEGAL DISCLAIMER This presentation may contain statements about future events, outlook and expectations of Energy Transfer Equity, L.P. (ETE) and Energy Transfer Partners, L.P. (ETP) (together, the Companies ), both of which are forward-looking statements. Any statement in this presentation that is not a historical fact may be deemed to be a forward-looking statement. These forward-looking statements rely on a number of assumptions concerning future events that are believed to be reasonable, but are subject to a number of risks, uncertainties and other factors, many of which are outside the Companies control, and which could cause the actual results, performance or achievements of the Companies to be materially different. While the Companies believe that the assumptions concerning future events are reasonable, we caution that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of our businesses. These risks and uncertainties are discussed in more detail in the filings made by the Companies with the Securities and Exchange Commission, copies of which are available to the public. The Companies expressly disclaim any intention or obligation to revise or publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. All references in this presentation to capacity of a pipeline, processing plant or storage facility relate to maximum capacity under normal operating conditions and with respect to pipeline transportation capacity and are subject to multiple factors (including natural gas injections and withdrawals at various delivery points along the pipeline and the utilization of compression) which may reduce the throughput capacity from specified capacity levels. 2

3 ENERGY TRANSFER PARTNER S OVERVIEW

4 EARLY EMPLOYEES Energy Transfer Was Formed and Comprised Solely of the Vantex System 4

5 LATE EMPLOYEES Acquired Aquila, Rusk County, Whiskey Bay Assets and Louisiana and Southeast Texas Gathering System 5

6 EMPLOYEES Acquired TUFCO and ET Fuel Systems & Completed Bossier Expansion Project 6

7 EMPLOYEES Completed FWB North Loop & Acquired Houston Pipe Line (HPL) and Transwestern Interstate Pipeline (TW) 7

8 2010 1,933 EMPLOYEES Established Asset Exposures in Multiple Emerging Shale Plays & Acquired Regency Energy Partners and SEC Energy 8

9 ,000 EMPLOYEES Acquired Southern Union, Sunoco, and GP, IDR & LP Interests in Sunoco Logistics 9

10 ENERGY TRANSFER TODAY - 30,000 EMPLOYEES Retail Locations (1) Includes Distributers, Dealers, and Co-ops Hawaii Asset Overview Recently In-service & Announced Growth Projects Midland (1) Represents Sunoco LP retail locations. On April 6, 2017, Sunoco LP announced the partnership will be divesting approximately 1,100 convenience stores to 7-Eleven. Sunoco LP is currently marketing another 207 convenience stores in North and West Texas, New Mexico and Oklahoma. SUN plans to exit the company-operated convenience store business in the Continental United States during

11 ETP Energy ASSET Transfer OVERVIEW Family of Assets Energy Transfer Partners, L.P. ( ETP ) is one of the largest publicly traded investment grade MLPs in the United States Ø Equity market capitalization of approximately $41 billion 1 (includes ETE) 71,000 miles of natural gas, natural gas liquids (NGL) and crude oil gathering and transportation pipelines 13 Bcf/d of natural gas processing, conditioning, and treating capacity 160 Bcf of working natural gas storage capacity 100 million bbls of working NGL, crude oil and refined products storage capacity 565,000 bpd of fractionation capacity expanding to 685,000 bpd in ,000 bpd LPG export terminal at Nederland and Marcus Hook (will be 486,000 bpd when ME2 comes online) One of North America s largest liquefied natural gas import terminals 11 1 As of August 11, 2017

12 ETP S ASSETS SUPPLYING GAS TO THE BORDER

13 ETP S INTERSTATE & INTRASTATE PIPELINE SYSTEMS WELL POSITIONED TO SUPPLY GAS TO MEXICO DELIVERY POINTS 13

14 ETP S PIPELINE NETWORK BI-DIRECTIONAL CAPABILITIES 14

15 ETP S EAGLE FORD AND SOUTH TEXAS ASSETS Eagle Ford volumes continue to be a strong supply option for Mexico ETP s total gas processing capacity in the Eagle Ford and South Texas is ~2.35 Bcf/d Volumes on system have continued increasing YTD with July average daily volumes over 2 Bcf/d Residue gas outlets to ETP s intrastate pipeline system and South Texas intrastate and interstate lines ETP s Lobo and HPL systems provide dry gas liquidity for the Nueces/Agua Dulce Area 15

16 ETP S PERMIAN ASSETS ETP s Pipeline Network: Capable of delivering in excess of 4.5 Bcf into Waha area (includes Red Bluff Express expected to be in-service Q2 2018) Take away capacity in excess of 6 Bcf 16

17 ETP S MEXICO PIPELINE PROJECTS Comanche Trail Pipeline Ø ~194 miles of 42 intrastate natural gas pipeline from Waha header to Mexico border Ø Capacity of Bcf/d Ø Markets: Interconnect with San Isidro Pipeline at US Mexico border Ø ETP Ownership:16% Ø In-Service: Q Ø Ø Ø Ø Ø Waha Header System 6 Bcf/d Header System Will connect to: Trans-Pecos & Comanche Trail Pipelines ETP s vast interstate and intrastate pipeline network Multiple 3rd party pipelines Trans-Pecos Pipeline Ø 143 miles of 42 intrastate natural gas pipeline and header system Ø Capacity of Bcf/d Ø Markets: Interconnect with Mexico s 42 Ojinaga Pipeline at US Mexico border Ø ETP Ownership:16% Ø In-Service: Q Edinburg/Arguellas Pipeline Ø ~26 miles of 24 pipeline connecting HPL to Pemex at Arguelles Ø 51 miles of 36 Robstown Crossover Ø Initial capacity: 830,000 MMBtu/d to Agua Dulce & 150,000 MMBtu/d to Arguelles. Ø ETP Ownership: 100% Ø In-Service: Q

18 UNPRECEDENTED CAPABILITIES FOR ETP TO DELIVER LARGE VOLUMES IN AND OUT OF WAHA AREA 18

19 Question and Answer Mackie McCrea Group Chief Operating Officer & Chief Commercial Officer, Energy Transfer