NGL Logistics Segment
Our NGL Logistics segment includes four natural gas liquids (NGL) pipelines that are integrated with gas processing plants owned by us, DCP Midstream, and third parties. These assets complement our gathering and processing business and provide broader exposure to the Midstream value chain. This segment generates 100 percent fee-based margins on the NGLs we transport.
DCP Midstream’s position as one of the largest producers of NGLs in the country provides us with certain advantages, including expanding this segment to provide attractive market outlets for DCP Midstream’s NGL production.