Page 21 - july-august 2020

Press Release
CRESTWOOD EQUITY PARTNERS LP

811 Main Street, Suite 3400
Houston, TX 77002
www.crestwoodlp.com

Crestwood Expands NGL and LPG Business with Acquisition of
Plains All American Assets

Kansas City, Missouri, May 11, 2020 – Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”)
announced, effective April 1, it has acquired certain NGL storage and rail-to-truck liquid petroleum gas
(LPG) terminals from Plains All American (NYSE:PAA) ("Plains"). These assets are complementary to
Crestwood’s existing NGL asset footprint and include 7 million barrels of NGL storage and seven LPG
terminals located in high demand markets across the Central and Eastern United States. The facilities
include the Alto, MI (storage, rail and truck), Green Springs, OH (rail and truck), Shaefferstown, PA
(storage and truck), Claremont, NH (rail and truck), Hattiesburg, MS (storage, rail and truck), Tirzah,
SC (storage, pipeline, and truck), and Heath Springs, SC (rail, pipeline and truck).

As a result of the acquisition, Crestwood now has approximately 10 million barrels of NGL and LPG
storage capacity and 13 LPG terminals in the Central and Eastern US offering expanded propane and
butane services to the market, as well as greater access to a wide range of NGL and LPG supplies from
hubs, pipelines, refiners and processors. The transaction closed and became effective on April 1, 2020,
allowing Crestwood’s team the ability to begin marketing the assets in time for the summer contracting
season to customers who depend on these assets for year-round supply.

John Powell, SVP Marketing Supply & Logistics, commented, “We are pleased to significantly expand our
NGL storage, pipeline, terminal and marketing footprint in the regions in which we operate. The
acquisition greatly enhances our Marketing, Supply & Logistics operations to better serve our customer
base with increased reliability of supply and flexibility.”

About Crestwood Equity Partners LP

Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that
owns and operates midstream businesses in multiple shale resource plays across the United States.
Crestwood is engaged in the gathering, processing, treating, compression, storage and transportation
of natural gas; storage, transportation, terminalling, and marketing of NGLs; gathering, storage,
terminalling and marketing of crude oil; and gathering and disposal of produced water. Visit Crestwood
Equity Partners LP at http://www.crestwoodlp.com; and to learn more about Crestwood’s sustainability
efforts, please visit https://esg.crestwoodlp.com.

Crestwood Equity Partners LP
Marketing Contacts

Max Johnson
Senior Supply & Asset Manager, Southeast
Max.Johnson@crestwoodlp.com
816.329.5316

Chris Roth
Vice President, Eastern NGL Marketing
Chris.Roth@crestwoodlp.com
816.714.5417

21 Alabama Propane Gas Association | July / August 2020