ConfidentialTarga Midstream Services, L.P.
Downstream
Fractionation Plant
NGL Marine Facility
Underground Storage
Truck Loading/ Unloading
NGL Terminal
Pipeline
Upstream
Gas Processing Plant
Gathering System
Gathering Line
ConfidentialHouston Area Assets
Mont Belvieu Complex
215 MBPD (16,000 MT/d) capacity fractionator (Cedar Bayou Fractionator)
80 MMBBLs (6,000,000 MT) underground liquid storage facility
87,000 hp Pumps, Compressors
Galena Park Marine Terminal
1,500 bph (120 MT/hr) Export Terminal
10,000 bph (800 MT/hr) Import Terminal
5 Docks (Barges and Ocean Transports)
Capabilities for ethylene import and export
Houston Gathering System
Product gathering and distribution network
Operated by Buckeye Gulf Coast Pipe Lines
ConfidentialAsset Integration
B TRADING ANDMARKETING
A SERVICESFractionation, Storage, &Terminalling
C INTERNATIONALImport/Export
GPMTMARINE
REFINERS
BLENDERS
INTERNATIONAL
SHIPS
BARGES
PIPELINES
CBFFRAC
MBTSTORAGE
WELLS20 Targa6 CPCC
WTPLSEMINOLE
“SPEC”
“FEED”
PETCHEM’S
REFINERS
Raw/Y grade
Other Raw PipelinesLDHXOMChapparal
BUSINESS OVERVIEW
ConfidentialCedar Bayou Fractionator
Feedstock FlexibilityEthane-containing y-GradeButane MixesButane-Gasoline Mixes
Specification ProductsPurity EthaneE.P MixPropane (HD-5)IsobutaneNormal ButaneNatural GasolineMixed Pentanes (Seasonal)Low Vapor Pressure Natural Gasoline (Seasonal)
Treating Systems (contaminant removal)Y-Grade (H2S, CO2, Mercaptans)Gasoline (Mercaptan conversion)
ConfidentialFractionation
Ethane or EP Mix Propane
De-Ethanizer De-Propanizer
ButanesIso
Butane
De-IsoButanizer
NormalButane
Natural Gasoline
De-Butanizer
Butane+
Propane+
Treating
Back End Mix
NGL
ConfidentialLow Sulfur Natural Gasoline
Operated as a separate business
Capacity – 30 MBPD +/-
Capacity is subscribed to 2 customers
Hydro-desulfurization process
Finished product contained less than 5 ppm total sulfur
Business Driver
EPA Tier II Regulation applicable to motor fuel
ConfidentialCogeneration Unit
Operated as a separate business unit
12-14 MW electric power generating capacity
Power is not sold to the grid
Waste Heat Steam Generation
Supports existing steam generation equipment (CBF)
ConfidentialMt. Belvieu Terminal Facilities
1.8 miles (3 km) diameter salt dome
26 active high pressure storage wells
50+ pipelines to & from customers
Highly flexible product distribution matrix
Pipelines connected to multiple wells
Pipelines transport multiple products
Rail and Truck Loading Facilities
Integrated measurement/product accounting systems