ONEOK Partners Resumes Operations at Its Mont Belvieu, Texas, Fractionator
TULSA, Okla., Feb. 9, 2011 /PRNewswire/ — ONEOK Partners, L.P. (NYSE: OKS) today announced that it has resumed operations at its 160,000 barrel-per-day Mont Belvieu, Texas, fractionator, MB-1. The facility was shut down temporarily on Feb. 8, 2011, as a precautionary measure following a fire at an adjacent third-party facility.
The temporary shutdown is not expected to have a material financial impact on the partnership.
ONEOK Partners, L.P. (NYSE: OKS) is one of the largest publicly traded master limited partnerships, and is a leader in the gathering, processing, storage and transportation of natural gas in the U.S. and owns one of the nation’s premier natural gas liquids (NGL) systems, connecting NGL supply in the Mid-Continent and Rocky Mountain regions with key market centers. Its general partner is a wholly owned subsidiary of ONEOK, Inc. (NYSE: OKE), a diversified energy company, which owns 42.8 percent of the overall partnership interest. ONEOK is one of the largest natural gas distributors in the United States, and its energy services operation focuses primarily on marketing natural gas and related services throughout the U.S.
CONTACT: media, Megan Washbourne, +1-918-588-7572, or analysts, Andrew Ziola, +1-918-588-7163, both of ONEOK Partners, L.P.
SOURCE ONEOK Partners, L.P.