Mont Belvieu definition

Mont Belvieu means the daily average natural gas liquids components as priced in OPIS in the table "U.S. and Canada LP – Gas Weekly Averages" at Mont Belvieu, Texas.
Mont Belvieu or “MB” means the location specified in either spot or future contracts for delivery of propane in Mont Belvieu, Texas, United States of America;
Mont Belvieu means Mont Belvieu Associates, a Texas general partnership of which each of KMNGL and Enterprise Products Co. owns a 50% general partner interest.

Examples of Mont Belvieu in a sentence

  • As a result of these acquisitions, we own 100% of our Mont Belvieu, Texas octane-additive production facility.

  • Its pipeline system and associated interconnects tie the Mont Belvieu facility to refineries and petrochemical facilities along the upper Texas Gulf Coast.

  • Discovery owns 100% of the membership interests in Discovery Gas Transmission LLC, a Delaware limited liability company (“Discovery Sub” and, collectively with Texas Express, Discovery, Panola, Xxxx/Xxxxx, Mont Belvieu II, Mont Belvieu, Front Range, Saginaw and GCX, the “Minority-Owned Entities”).

  • We operate the facility, which is located within our Mont Belvieu complex.

  • The Mont Belvieu facility also provides truck and rail car loading capacity.

  • Represents WES’s 10% share of average White Cliffs throughput, WES’s 25% share of average Mont Belvieu JV throughput, WES’s 20% share of average TEG and TEP throughput, and WES’s 33.33% share of average FRP throughput.

  • In February 2019, the 24-inch diameter mainline segment of Shin Oak from Orla, Texas to Mont Belvieu was placed into limited commercial service with an initial transportation capacity of 250 thousand barrels per day (“MBPD”).

  • Calculated as Adjusted gross margin for crude/NGL assets (total revenues and other for crude/NGL assets, less reimbursements for electricity-related expenses recorded as revenue and cost of product for crude/NGL assets, plus distributions from WES’s equity investments in White Cliffs, the Mont Belvieu JV, TEG, TEP and FRP), divided by total throughput (MBbls/d) for crude/NGL assets.

  • To the extent required and permitted by applicable Law, this Agreement shall also constitute a “deed,” “bxxx of sale” or “assignment” of the Mont Belvieu Assets.

  • Its facilities are located in Channelview, Matagorda County, Mont Belvieu, Pasadena and Victoria, Texas.


More Definitions of Mont Belvieu

Mont Belvieu means the daily average natural gas liquids components as priced in OPIS in the table "U.S. and Canada LP

Related to Mont Belvieu

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