8
DCP Midstream Partners
WHOLESALE PROPANE
LOGISTICS
Propane Terminals
Rail - 6
Pipeline - 1
Marine
(Leased)
- 1
Marine
(Owned)
- 1
Net Storage
Capacity
(Bbls)
- 977,000
Multiple supply options allow
us to source propane to meet
customer requirements via ship,
rail, or pipeline.
Natural Gas Services
Our Wholesale Propane Logistics segment enjoys a
very favorable market position as one of the largest
wholesale propane suppliers in the Northeast and
Mid-Atlantic.
Our business includes six owned rail terminals, an owned
marine import terminal, a leased marine import terminal and
a pipeline terminal. The business is uniquely supported by
domestic and international propane supply received via rail,
multiple pipelines as well as two marine import terminals.
Our business model leverages the strong logistics
capabilities of the DCP enterprise. The combination of
these capabilities and our supply diversity provides us a
competitive advantage, allowing us to not only supply our
base business but also to capture upside opportunities
during favorable marketing conditions.
Our wholesale business model with fee-like margins and diversity of supply
has been a consistent performer.
PA
NY
RI
VT
MA
ME
OH
VA
Bangor
York
Chesapeake
Berlin
Auburn
Westfield
Providence
Albany
Midland
Open Access Pipeline Terminal
DCP Midstream Partners Terminal
Buckeye Pipeline (third party)
TEPPCO Pipeline (third party)
The majority of our earnings from this segment are
generated during the winter heating season. Our contracts
tie the sales and purchase prices to the same index, which
essentially locks in a fxed margin.
This segment has minimal maintenance capital
requirements. Since the acquisition of Gas Supply
Resources in 2006, the Wholesale Propane Logistics
segment has experienced a steady record of growth.
We continue to pursue growth opportunities and active
evaluations of organic build opportunities.