The unit train-capable NGL facility, scheduled to open in the second quarter of 2018, will receive and ship purity products such as propane and butane as well as mixed streams. Additionally, the NGL facility will include storage and have pipeline access to the Mont Belvieu industrial complex. Truck loading/unloading in addition to chemical processing and handling capabilities are included in the site master plan.
Lodestar's rail-served NGL facility will be open to all parties, allowing market flexibility for producers and marketers while providing direct access to a larger number of markets for their products. Due to its advantaged location, the facility can handle unit train volumes without creating additional rail congestion in the Mont Belvieu industrial complex. Further, the ability to receive products from multiple producing regions will provide valuable sourcing options for customers. The phased construction of the project will allow for shorter contract terms and lower volume commitments when compared to traditional pipeline projects.
About Lodestar Energy Group
LEG is focused on the development and operation of supply chain infrastructure for the hydrocarbon midstream and downstream environments. LEG is a portfolio company of The Energy & Minerals Group ("EMG"). For more information see www.lodestar.energy or contact Jerry James (713-655-1887), firstname.lastname@example.org
About The Energy & Minerals Group
EMG is the management company for a series of specialized private equity funds. EMG focuses on investing across various facets of the global natural resource industry including the upstream and midstream segments of the energy complex. EMG has approximately $16.5 billion of assets under management and approximately $9.4 billion in commitments have been allocated across the energy sector since inception.