Centennial Pipeline map – click for larger version
On Friday MDN told you that after Marathon Petroleum buys MarkWest Energy, they are eyeing sending natural gas liquids (NGL) gathered by MarkWest south to the Gulf Coast (see Marathon Hints MarkWest Merger Plan May Include NGLs to Gulf). No specific plans were mentioned but a vague statement about “more details coming by the end of the year.” It seems some of those details have already leaked. The leaker is Marathon’s joint venture partner in the Centennial Pipeline, Enterprise Products Partners. Enterprise said at an investors conference last week that they are actively evaluating a plan to reverse the flow of the Centennial from Illinois to the Gulf Coast to send NGLs from the Marcellus/Utica to the Gulf for processing and use in cracker/petrochemical plants…
