OREANDA-NEWS. February 25, 2016. The 2015 tax packages, including Schedule K-1s, for Enterprise Products
Partners L.P. (NYSE: EPD) and Oiltanking Partners, L.P. are now
available online. They may be accessed through the K-1 Tax Package
support websites www.taxpackagesupport.com/enterprise
or www.taxpackagesupport.com/oiltanking.
The partnership expects to complete mailing of the 2015 Enterprise and
Oiltanking tax packages by Wednesday, March 2, 2016. For additional
information, unitholders may call K-1 Tax Package Support toll free at
(800) 599-9985 for Enterprise or (877) 222-3207 for Oiltanking weekdays
between 8 a.m. and 5 p.m. CT.
In July 2015, Enterprise sold its offshore Gulf of Mexico pipelines and
services business for approximately \\$1.5 billion in cash. Each
unitholder’s share, if any, of the taxable income associated with this
transaction is included on the unitholder’s 2015 Schedule K-1 on lines 1
(Ordinary business income (loss)), 9a (Net long-term capital gain
(loss)) and 10 (Net section 1231 gain (loss)).
Enterprise Products Partners L.P. is one of the largest publicly traded
partnerships and a leading North American provider of midstream energy
services to producers and consumers of natural gas, NGLs, crude oil,
refined products and petrochemicals. Our services include: natural gas
gathering, treating, processing, transportation and storage; NGL
transportation, fractionation, storage and import and export terminals;
crude oil gathering, transportation, storage and terminals;
petrochemical and refined products transportation, storage and
terminals; and a marine transportation business that operates primarily
on the United States inland and Intracoastal Waterway systems. The
partnership’s assets include approximately 49,000 miles of pipelines;
250 million barrels of storage capacity for NGLs, crude oil, refined
products and petrochemicals; and 14 billion cubic feet of natural gas
storage capacity.
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