Range Announces They’re Main Shipper for Mariner East Pipeline
In a follow-on announcement to Sunoco Logistics Partners (see this MDN story), Range Resources says it is the anchor shipper for the Mariner East Pipeline that will connect western Pennsylvania to the Marcus Hook refinery near Philadelphia. Range announced they’ve signed a 15-year agreement with Sunoco to ship Marcellus Shale natural gas liquids to the Philly refinery. They also announced they’ve signed a 15-year contract to export and sell ethane to INEOS Europe from the Marcus Hook refinery. Range plans to start selling 10,000 barrels per day beginning in 2015 and eventually double that to 20,000 bpd.
Here is the lengthy press release from Range announcing their deal with Sunoco Logistics and also listing other NGL sales agreements Range has negotiated:
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It’s fascinating to MDN how a single so-called researcher at a single anti-drilling organization (funded by Teresa Heinz Kerry) can write a 124-page “report” that’s critical of the shale drilling industry and the hard-working people who regulate it, and the mainstream media (MSM) swoons and heralds such shameful propaganda as an important new “study” presenting the gospel truth. Yet that’s exactly what’s happening (once again) with a just-released report from Earthworks titled, “Breaking All the Rules: The Crisis in Oil & Gas Regulatory Enforcement” (copy embedded below).