Statoil, Enterprise sign 10-year LPG deal

Dec. 5, 2005
Statoil ASA has signed a 10-year contract with Enterprise Products Operating LP for the sale, export, and storage of LPG at Enterprise's terminal in Mont Belvieu, Tex.

By OGJ editors
HOUSTON, Dec. 5 -- Statoil ASA has signed a 10-year contract with Enterprise Products Operating LP for the sale, export, and storage of LPG at Enterprise's terminal in Mont Belvieu, Tex.

The agreement, Statoil said, is an important element in establishing a long-term logistical outlet in the US.