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Energy Transfer Partners Approves Construction of New Marcellus/Utica Pipeline

Energy Transfer Partners, L.P.’s board of directors has approved the construction of a new pipeline to transport gas to markets in the United States and Canada. The pipeline’s capacity is proposed to transport 2.2 billion cubic feet per day and may be expanded up to 3.25 billion cubic feet. The pipeline has already received commitments from some of the largest producers in the area and is expected to gain additional commitments in the future.