Targa Resources Partners LP (NYSE:NGLS) announced that the board of directors of its general partner has approved a $250 million expansion of its Mont Belvieu complex and its existing import/export marine terminal at Galena Park to provide export capability for 5,000+ barrels per hour (Bbl/h) of fully refrigerated, low ethane propane. This expansion complements existing LPG import/export capacity and is in addition to projects that were underway to improve the export refrigeration and loading rates for HD-5 propane and butane.
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(NGLS, CLNO, AN, KYN) Stocks in Focus by PennyToBuck.com
September 29th, 2011 at 09:43 am