Targa Resources Partners Says Assets at Mont Belvieu Were Not Physically Affected by Fire

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Targa Resources Partners LP NGLS announced today that its assets located at Mont Belvieu, TX were not physically affected or damaged by the fire that occurred at a neighboring facility on February 8, 2011. The Partnership followed strict safety and other operating procedures during the fire and did not make delivery changes to its petrochemical customers until certain safety thresholds were met. The Partnership's operated assets continued to make deliveries to its customers and did take additional raw NGL supplies ("y-grade") into underground storage from various NGL pipelines that had been feeding other area fractionators that prudently shutdown due to their physical proximity to the fire.
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