The Crosstex Energy companies, Crosstex Energy, L.P. (the Partnership) and Crosstex Energy, Inc. (the Corporation), announced that the Partnership has completed construction of Phase I of the Cajun-Sibon natural gas liquids (NGL) expansion project. The project connects the Partnership's Eunice fractionator in South Louisiana to Mt. Belvieu supply pipelines in East Texas. Pipeline operations were completed in the first week of October and commercial deliveries of NGL product to the Eunice, Riverside and Plaquemine fractionators began shortly thereafter. The Eunice fractionator began operations on November 6 at a rate of 15,000 barrels of NGL per day. The pipeline is currently delivering approximately 25,000 to 30,000 barrels per day of product into various Louisiana delivery points and is expected to be moving its full volume of approximately 70,000 barrels per day by the end of 2013.
'The Cajun-Sibon expansion project allows us to capitalize on the robust southeastern Louisiana NGL market,' said Barry E. Davis, Crosstex President and Chief Executive Officer. 'Our strategic footprint in the region will allow us to benefit as market demand continues to increase and we are well positioned to capitalize on additional growth opportunities from our expanded NGL platform."