NGL
- NGL Energy Partners LP
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Overview
Company Summary
NGL Energy Partners LP (NGL) is a diversified midstream energy company. They primarily focus on the marketing, distribution, and transportation of crude oil, natural gas liquids (NGLs), refined products, and water solutions.
One key aspect of NGL's business is the transportation and storage of crude oil. They own and operate a network of pipelines and terminals that facilitate the movement of oil from production areas to refineries and other delivery points. NGL also offers storage solutions for oil, which can be an important service in times of high production or limited refining capacity.
NGL is also heavily involved in the transportation and distribution of NGLs. NGLs are byproducts of natural gas processing that have various applications in industry, including as feedstocks for petrochemicals or as heating and cooking fuels. The company operates pipelines and processing facilities to transport, store, and distribute NGLs to customers across different markets.
Furthermore, NGL is engaged in the marketing and sale of refined products like gasoline, diesel, and other petroleum-based fuels. They work with various refiners and supply these products to retail outlets, wholesalers, and industrial customers.
Additionally, NGL provides water solutions to the energy industry. This includes the transportation and disposal of produced and flowback water, which is generated in the oil and gas extraction process. They offer infrastructure and expertise to handle the treatment, transport, and disposal of this water, ensuring compliance with environmental regulations.
In summary, NGL Energy Partners LP is involved in the midstream sector of the energy industry, specializing in the transportation, storage, and distribution of crude oil, NGLs, refined products, and water solutions. Their services play a crucial role in connecting producers and consumers while ensuring the efficient movement and utilization of energy resources.