Application for approval of proposed divestiture: The Commission has received a petition for approval of proposed divestiture from Enterprise Products Partners L.P. (Enterprise) and Dan L. Duncan related to the FTC’s decision and order concerning the merger of Enterprise and GulfTerra Energy Partners. Under the terms of the order, Enterprise is required to divest either Enterprise’s 50 percent interest in the Starfish Pipeline Company, LLC, or its 100 percent-owned natural gas pipeline in the Gulf of Mexico, by March 31, 2005. Through this petition, Enterprise and Duncan have requested Commission approval to divest Enterprise’s Starfish Pipeline Interest to MarkWest Energy Partners, L.P. to meet the terms of the order.
The FTC will accepts public comments on the proposed divestiture for 30 days, until March 2, 2005, after which it will decide whether to approve it. Comments should be sent to the: FTC, Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, DC 20580. (FTC File No. 041-0039, Docket No. C-4123; the staff contact is Frank Lipson, Bureau of Competition, 202-326-2617; see press releases dated September 30 , November 5 , November 26 , and January 4, 2004.)
Copies of the documents mentioned in this release are available from the FTC’s Web site at http://www.ftc.gov and also from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.
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