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Energy Transfer Partners And Regency Energy Partners Announce Second Fractionator Now In Service At Lone Star NGL’s Mont Belvieu Facility

Energy Transfer Partners, L.P. ( NYSE:ETP ) and Regency Energy Partners LP ( NYSE:RGP ) announced today that Lone Star NGL LLC (“Lone Star”), a joint venture between ETP and RGP, has placed in service the second natural gas liquids (NGL) fractionator at Lone Star’s facility in Mont Belvieu, Texas. Lone Star Frac II is a 100,000 barrel-per-day fractionator that brings Lone Star’s total fractionation capacity at Mont Belvieu to 200,000 barrels per day.

Lone Star’s Mont Belvieu fractionators receive NGLs from several sources, including Lone Star’s west Texas NGL pipelines and ETP’s Justice NGL pipeline. Volumes transported on Lone Star’s pipeline system and the ETP Justice pipeline continue to ramp up as shippers under long-term agreements with Lone Star and ETP increase their production from the Permian Basin, Eagle Ford Shale, and other producing regions.

The completion of the second fractionator capitalizes on ETP’s and RGP’s growing footprint in prolific producing regions, creating synergistic value and opportunities for new organic growth. As the fractionator volumes continue to ramp up, additional value will be captured through the export of butane, ethane and propane to meet international demand. Therefore, this project serves as another step in continuing the partnerships’ objective to increase unitholder value, and strategically enhance long-term sustainability and growth.

“The startup of Frac II is 10 weeks ahead of schedule and under budget, which underscores our ability to efficiently execute large-scale NGL projects,” said Steve Spaulding, Executive Vice President of Lone Star NGL. “The increased fractionation capacity will increase the supply of purity NGL products for our downstream customers through our storage facilities, Houston Ship Channel pipelines, and our recently announced LPG export terminal with Sunoco Logistics.”

“We continue to evaluate opportunities to add fractionation capabilities at Mont Belvieu. Earlier this year, we filed an air permit to construct a third fractionator at the site to ensure we are positioned to meet the critical needs of producers as production in the Permian Basin and the Eagle Ford continues to increase,” Mr. Spaulding added.

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