Spectra Energy Partners L.P.

Public Company, Headquarters Location
5400 Westheimer Ct., Houston, TX 77056-5353, United States
(713)627-5400, http://www.spectraenergypartners.com

Primary SIC: Natural Gas Transmission, Primary NAICS: Pipeline Transportation of Natural Gas
Description: Spectra Energy Partners LP is a Delaware master limited partnership formed on March 19, 2007. On July 2, 2007, Spectra Energy contributed 100 percent of the ownership of East Tennessee Natural Gas LLC, 50 percent of the ownership of Market Hub Partners Holding, and a 24.5 percent interest in Gulfstream Natural Gas System LLC to the company. On that same date, the company completed its initial public offering and began training on the New York Stock Exchange. Spectra Energy retained an 83 percent equity interest in the company. The Houston-based company is engaged in the transportation of natural gas through interstate pipeline systems with over 2,200 miles of pipelines that serve the southeastern United States, and the storage of natural gas in underground facilities that are located in southeast Texas, south central Louisiana and southwest Virginia. Spectra Energy Partners transports and stores natural gas for a broad mix of customers, including local gas distribution companies, municipal utilities, interstate and intrastate pipelines, direct industrial users, electric power generators, marketers and producers. In addition to serving directly connected southeastern markets, the company's pipeline and storage systems have access to customers in the mid-Atlantic, northeastern and midwestern regions of the United States through numerous interconnections with major pipelines. As a result of the 2008 acquisition of the Saltville Gas Storage LLC, Spectra Energy now has an 84 percent ownership interest. More

Transportation: Transportation of natural gas through pipelines.