Targa Resources plans $250 million expansion of marine terminal

Targa Resources Partners LP approved a $250 million expansion of its Mont Belvieu complex and its existing import/export marine terminal at Galena Park, Texas, to provide export capability for 5,000 barrels per hour of fully refrigerated, low ethane propane. The expansion complements existing LPG import/export capacity and is in addition to projects that are under way to improve the export refrigeration and loading rates for HD-5 propane and butane. The project is expected to be operational in the third quarter of 2013.