Enterprise Products Partners selects Michael Hanley as executive VP and COO

The board of directors of Enterprise Products Partners’ general partner elected Michael “Tug” Hanley as executive vice president and chief commercial officer. Hanley will obtain responsibility for all commercial functions for the partnership effective Dec. 1.

Hanley joined Enterprise in 2006. His nearly 20 years of experience includes roles of increasing responsibility across our commercial businesses as well as the partnership’s scheduling, distribution and logistics functions.

Enterprise’s commercial leadership team will report to Hanley, who in turn will report to A.J. Teague, co-CEO of Enterprise’s general partner.

“We believe Enterprise has assembled one of the most knowledgeable and innovative commercial teams in the midstream energy industry,” says Teague. “Tug has served in integral roles that have contributed to Enterprise’s successful growth and daily execution of serving customers over the past two decades. Tug has the experience and skills to collaboratively lead our commercial team while interacting with our engineering, operations and financial teams to ensure future successes for our partnership.”

Enterprise is a publicly traded partnership and a North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products transportation, storage and marine terminals; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems.

According to the company, the partnership’s assets currently include more than 50,000 miles of pipelines, over 300 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products and 14 billion cubic feet of natural gas storage capacity.

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