El Paso Pipeline Partners (EPB)

Profile

Exchange: NYSE       Sector: Basic Materials       Industry: Oil & Gas Pipelines

El Paso Pipeline Partners L.P. is a growth-oriented Delaware limited partnership formed by El Paso Corporation to own and operate natural gas transportation pipelines, storage and other midstream assets. The company's assets consist of four wholly owned entities, Southern Natural Gas Company, L.L.C. (SNG), an interstate natural gas company located in the southeastern United States, Wyoming Interstate Company, L.L.C. (WIC), an interstate pipeline transportation business primarily located in Wyoming and Colorado, Southern LNG Company, L.L.C. (SLNG), which owns an LNG storage and regasification terminal near Savannah, Georgia, and Elba Express Company, L.L.C. (Elba Express), an interstate pipeline company which is located in Georgia and South Carolina. It also owns an 86 percent interest in Colorado Interstate Gas Company, L.L.C. (CIG), an interstate pipeline company which is located in the Rocky Mountains. El Paso is the largest operator of interstate natural gas pipelines in North America. As of December 31, 2010, El Paso owned or had interests in about 43,000 miles of interstate pipeline and provides approximately 230 Bcf of natural gas storage capacity. Its networks connect major domestic natural gas producing basins to major domestic consuming markets.