Exhibit 99.1
FOR IMMEDIATE RELEASE
Energy Transfer Partners
Announces the Planned Expansion
of Two Major Texas Pipelines
DALLAS, October 8, 2007 Energy Transfer Partners, L.P. (NYSE:ETP or the Partnership)
today announced the planned expansion of two of the Partnerships major Texas intrastate pipeline
systems.
In southeast Texas, ETP will expand its ETC Katy Pipeline (the Katy Expansion) with the
installation of 56 miles of 36 pipeline and the addition of 20,000 horsepower of compression.
This expansion will increase capacity on the ETC Katy Pipeline from 700,000 Mcf per day to more
than 1.1 Bcf per day. In east Texas, ETP will expand its newly constructed 42 Cleburne to
Carthage pipeline from the Houston Pipe Line interconnect at Texoma to Carthage (the Carthage
Loop), adding an additional 500,000 Mcf per day of capacity to Carthage. The Carthage Loop will
include the installation of 32 miles of 42 pipe. Capital expenditures for the two projects will
total approximately $260 million with construction expected to commence June 2008. The two
expansion projects are expected to be in service by September 2008.
These projects will serve the rapidly expanding Barnett Shale and Bossier Sands plays. ETP
has received broad-based producer support including commitments from major North American
independent producers such as, XTO Energy Inc., Chesapeake Energy Corporation and Quicksilver
Resources Inc., and regional independent Gastar Exploration Ltd.
These two projects demonstrate our commitment to meet the expanding needs of natural gas
producers and consumers across Texas and across the nation, said Mackie McCrea, President of
Energy Transfers Midstream Operations. We are pleased to be able to respond rapidly by adding
critical capacity and expanding market options for producers and shippers, added McCrea.
ETPs pipeline infrastructure allows natural gas producers and shippers in the key producing
regions of Texas to access a broad range of markets, including principal Texas trading hubs of
Waha, Carthage, and Katy, the majority of the city gates and power plants in the State of Texas,
and many interstate pipelines.
Energy Transfer Partners, L.P. (NYSE:ETP) is a publicly traded partnership owning and
operating a diversified portfolio of energy assets. ETPs natural gas operations include
intrastate natural gas gathering and transportation pipelines, natural gas treating and processing
assets located in Texas and Louisiana, and three natural gas storage facilities located in Texas.
These assets include approximately 14,000 miles of intrastate pipeline in service, with an
additional 400 miles of intrastate pipeline under construction, and 2,400 miles of interstate
pipeline. ETP is also one of the three largest retail marketers of propane in the U.S., serving
more than one million customers across the country.
Energy Transfer Equity, L.P. (NYSE:ETE) owns the general partner of Energy
Transfer Partners and approximately 62.5 million ETP limited partners units. Together ETP and ETE
have a combined enterprise value of approximately $20 billion.
The information contained in this press release is available on the Partnerships website at
www.energytransfer.com.
Contacts
Investor Relations:
Energy Transfer
Renee Lorenz
214-981-0700
Media Relations:
Vicki Granado
Gittins & Granado
214-361-0400
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