Energy Transfer Partners Announces Long-Term Agreement with XTO Energy to Provide Gathering and Processing Services in the

  Energy Transfer Partners Announces Long-Term Agreement with XTO Energy to
  Provide Gathering and Processing Services in the Permian Basin

 Energy Transfer to Construct Cryogenic Processing Plant and Gathering System

Business Wire

DALLAS -- February 18, 2014

Energy Transfer Partners, L.P. (NYSE:ETP) announced today it has entered into
a long-term agreement with XTO Energy Inc., a subsidiary of Exxon Mobil
Corporation, to provide midstream services for natural gas produced from
certain XTO wells in the Permian Basin.

ETP will construct a 130 million cubic feet per day cryogenic processing plant
in Glasscock County, Texas with expansion capability to 200 million cubic feet
per day and will build over 100 miles of high pressure and low pressure
gathering pipelines connecting to the plant. The new plant and gathering lines
are expected to be in service in the third quarter of 2014.

The construction of these new midstream assets in the Permian Basin will
expand ETP’s strategic initiative to provide a full breadth of midstream
services in one of the most active liquids-rich plays in the country. The
project also provides additional revenue opportunities downstream of the
plant, with connectivity to assets held by ETP. These assets include the
Energy Transfer Fuel gas transmission system, and the Lone Star NGL pipeline
system, which will deliver the NGL barrels to Lone Star’s fractionating
facilities at Mont Belvieu.

Energy Transfer Partners, L.P. (NYSE: ETP) is a master limited partnership
owning and operating one of the largest and most diversified portfolios of
energy assets in the United States. ETP currently owns and operates
approximately 35,000 miles of natural gas and natural gas liquids pipelines.
ETP owns 100% of Panhandle Eastern Pipe Line Company, LP (the successor of
Southern Union Company) and Sunoco, Inc., and a 70% interest in Lone Star NGL
LLC, a joint venture that owns and operates natural gas liquids storage,
fractionation and transportation assets. ETP also owns the general partner,
100% of the incentive distribution rights, and approximately 33.5 million
common units in Sunoco Logistics Partners L.P. (NYSE: SXL), which operates a
geographically diverse portfolio of crude oil and refined products pipelines,
terminalling and crude oil acquisition and marketing assets. ETP’s general
partner is owned by ETE. For more information, visit the Energy Transfer
Partners, L.P. web site at

This press release may include certain statements concerning expectations for
the future that are forward-looking statements as defined by federal law. Such
forward-looking statements are subject to a variety of known and unknown
risks, uncertainties, and other factors that are difficult to predict and many
of which are beyond management’s control. An extensive list of factors that
can affect future results are discussed in ETP’s Annual Report on Form 10-K
for the year ended December 31, 2012 and other documents filed from time to
time with the Securities and Exchange Commission. ETP undertakes no obligation
to update or revise any forward-looking statement to reflect new information
or events.


Investor Relations:
Energy Transfer
Brent Ratliff, 214-981-0700
Media Relations:
Granado Communications Group
Vicki Granado, 214-599-8785
214-498-9272 (cell)
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