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NGL Energy Partners in joint venture for Grand Mesa pipeline project

Sep. 05, 2014 4:53 PM ETNGL Energy Partners LP Common Units (NGL) StockBy: Carl Surran, SA News Editor
  • NGL Energy Partners (NYSE:NGL) announces a joint venture with Rimrock Midstream for the Grand Mesa crude oil pipeline from Weld County, Colo., to NGL's Cushing, Okla., terminal, with planned initial capacity exceeding 130K bbl/day.
  • Based on sufficient commitments from shippers, Grand Mesa will launch a binding open season to solicit additional long-term volume commitments from customers.

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