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'NGL continues to focus on its core areas where we have competitive strength.
NGL will issue $100 million of its 9% Class B fixed-to-floating rate cumulative redeemable perpetual preferred units to owners of Mesquite, who also have an option to receive 6 million common units at a price of $16 per unit at closing.
NGL is a premier provider of integrated logistics and supply chain solutions serving the speciality logistics needs of clients across a wide range of industries.
Following the sale, NGL plans to immediately repay indebtedness using the net proceeds from the sale.
Through this settlement EPA and DOJ are holding NGL accountable for its violations of the RFS program.
The sale of these assets marks NGL's exit from retail propane.
EPIC began construction of the NGL pipeline in December of 2017 after signing a definitive agreement with BP Energy Company to anchor the 700-mile NGL pipeline to link producers' NGL reserves in the Permian and Eagle Ford Basins to Gulf Coast refiners, petrochemical companies and export markets.
It was upgraded in 1981 to process associated gas produced from Dukhan into 1,350 tons/d of ethane-rich gas; 1,284 t/d of propane; 851 t/d of butane; and 588 t/d of NGL. NGL-2, on stream since 1980, processes associated gas from the offshore fields into 127 MCF/d of methane-rich gas; about 1,145 t/d of ethane-rich gas; 1,079 t/d of propane; 899 t/d of butane; and 903 t/d of NGL.
He said that the NGL plant, whose construction has had 45 percent growth thus far, is to receive more facilities in the coming 18 months.
Early-bird registration will be open only to returning NGL players from Oct.
Cup journey 2007/08 NGL league, NGL League Cup, PSE Cup, Ashington Miners Cup, Blackpool Cup 2008/09 NGL League, NGL League Cup, Newbiggin Hall Tournament, Blackpool Tournament Runners Up 2009/10 NGL League Runners Up, NGL League Cup, Newbiggin Tournament 2010/11 NGL League, NGL League Cup, Ashington Miners Cup, North Shields Tournament 2011/12 League Cup Winners
Earlier this week, Samsung Engineering inked a US$2.76 billion contract for the Shaybah NGL (Natural Gas Liquid) project at a signing ceremony held at Saudi Aramco headquarters in Dhahran.
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