Our General Partner
General Partner Spectra Energy:
One of North America’s Leading
Natural Gas Infrastructure Companies
One of the principal attributes of Spectra Energy Partners, LP is the relationship with Spectra Energy Corp, the owner of our general partner, Spectra Energy Partners GP, LLC. Owning a significant interest in Spectra Energy Partners, LP, Spectra Energy is comprised of the former natural gas businesses of Duke Energy Corporation and became a stand-alone publicly traded company in January 2007.
Spectra Energy owns and operates a large and diversified portfolio of complementary natural gas-related energy assets and is one of North America’s leading midstream natural gas companies.
Spectra Energy, which trades on the New York Stock Exchange under the symbol “SE,” serves three key links in the natural gas value chain:
- Gathering and processing,
- Transportation and
- Storage and distribution.
Through its interests in five U.S. pipeline systems (including East Tennessee and Gulfstream) and three Canadian pipeline systems, Spectra Energy owns and operates one of the largest long-haul natural gas pipeline networks in North America consisting of approximately 18,000 miles of transportation pipelines.
In addition, Spectra Energy is one of the largest operators of natural gas storage in North America with eleven storage facilities having total working gas capacity of approximately 265 Bcf (including East Tennessee’s LNG facility and Market Hub).
Spectra Energy owns a 50.0% interest in DCP Midstream, LLC (previously known as Duke Energy Field Services, LLC), which is the largest natural gas liquids producer in North America. DCP Midstream, LLC owns the general partner interest and a 40.7% limited partner interest in DCP Midstream Partners, LP, which is a midstream master limited partnership.
