Energy Transfer, co-founded by CEO Kelcy L. Warren, is expanding internationally.
The Dallas-based diversified energy company is opening an office in in Beijing, China—the firm’s first office outside the U.S.—to support the marketing and sales of energy products there, including liquefied natural gas, ethane, propane, butane, natural gasoline and crude oil. The effort is facilitated by Energy Transfer’s joint venture with China-based Satellite Petrochemical to facilitate the export of ethane to China, announced last year.
Within the U.S., Orbit Gulf Coast NGL Exports LLC is currently constructing a pipeline that will transport ethane from Energy Transfer’s Mont Belvieu, Texas fractionation and storage facilities to a new ethane terminal adjacent to Energy Transfer’s Nederland, Texas NGL facility. Once the pipeline is completed, roughly 150,000 barrels per day of ethane will be exported to Satellite’s ethane cracking facilities in China.
In addition, Energy Transfer has a 50/50 venture with Shell US LNG LLC to convert Energy Transfer’s LNG import and regasification terminal in Lake Charles, Louisiana to an LNG export facility. The project will give the facility a liquefaction capacity of 16.45 million tonnes per annum for export to customers in China and other global markets.
Warren is chairman and CEO Energy Transfer LP, a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids and refined product transportation and terminalling assets; NGL fractionation; and various acquisition and marketing assets.
The company, through its ownership of Energy Transfer Operating L.P., formerly known as Energy Transfer Partners L.P., also owns the general partner interests, the incentive distribution rights and 28.5 million common units of Sunoco LP and the general partner interests and 39.7 million common units of USA Compression Partners LP.
Prior to the combination of the operations of ETO and Heritage Propane in 2004, Warren co-founded the entities that acquired and operated the midstream assets that were contributed in the merger. From 1996 to 2000, he served as a director of Crosstex Energy Inc. and from 1993 to 1996, Warren served as president, chief operating officer and a director of Cornerstone Natural Gas Inc.
Warren was appointed to a six-year term on The University of Texas System Board of Regents by Governor Greg Abbott in March 2019. Recently, President Donald Trump appointed Warren to the Kennedy Center Board of Trustees.
He’s No. 59 on Chief Executive and RHR International’s CEO1000 Tracker, a ranking of the top 1,000 public/private companies
Headquarters: Dallas, TX
Age: 64
Education: B.A., University of Texas Arlington
First joined company: Founded it in 1996
Prior to joining Energy Transfer: Cornerstone Natural Gas
Named CEO: 1996
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
