false 0001061219 0001061219 2025-07-02 2025-07-02
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): July 2, 2025

 

 

ENTERPRISE PRODUCTS PARTNERS L.P.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   1-14323   76-0568219
(State or Other Jurisdiction of
Incorporation or Organization)		  

(Commission

File Number)

   (I.R.S. Employer
Identification No.)

1100 Louisiana, 10th Floor

Houston, Texas 77002

(Address of Principal Executive Offices, including Zip Code)

(713) 381-6500

(Registrant’s Telephone Number, including Area Code)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

 

Title of Each Class

  

Trading
Symbol(s)

  

Name of Each Exchange

On Which Registered

Common Units   EPD   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 
 

Item 8.01

Other Events.

On July 2, 2025, Enterprise Products Partners L.P. (the “Partnership”) received a letter (the “July 2 BIS Letter”) from the Bureau of Industry and Security (“BIS”), U.S. Department of Commerce, indicating that effective as of such date, specified license requirements on the export, reexport, or transfer (in-country) of ethane, where a party to the transaction is located in China, or is a Chinese ‘military end user,’ wherever located (as set forth in previous BIS letters to the Partnership), have been rescinded. A copy of the July 2 BIS Letter is filed as Exhibit 99.1 hereto.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit
No.		   

Description

99.1    BIS Letter dated July 2, 2025.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    ENTERPRISE PRODUCTS PARTNERS L.P.
    By:   Enterprise Products Holdings LLC,
its General Partner
Date: July 2, 2025     By:  

/s/ R. Daniel Boss

    Name:   R. Daniel Boss
    Title:   Executive Vice President and Chief Financial Officer

Exhibit 99.1

 

   LOGO     

UNITED STATES DEPARTMENT OF COMMERCE

Principal Deputy Assistant Secretary

for Export Administration

Washington, D.C. 20230

      July 2, 2025

Mr. Greg Delong

Enterprise Products

1200 N Broadway Street

La Porte, TX 77571

Via email to: gndelong@eprod.com

Dear Mr. Delong:

This letter is in reference to my prior letters dated June 1, 2025 and June 25, 2025. The June 1, 2025 letter informed you of a license requirement on the export, reexport, or transfer (in-country) of ethane – classified in the following Schedule B No. and description listed in the U.S. Census Bureau’s Schedule B: 2901.10.1010 (ethane, saturated) – where a party to the transaction is located in China, or is a Chinese ‘military end user,’ wherever located, pursuant to Section 744.21(b) of the Export Administration Regulations (EAR) (15 C.F.R. parts 730-774).

The subsequent June 25, 2025 letter authorized Enterprise Products to load vessels with ethane, transport, and anchor in foreign ports, even if Enterprise Products intends to complete an export, reexport, or transfer (in-country) by delivering or off-loading such ethane to a party located in China, or that is a Chinese ‘military end user,’ wherever located. However, the letter informed you of a license requirement to complete such export, reexport, or transfer (in-country) to a party that is located in China, or that is a Chinese ‘military end user,’ wherever located. Activities that required further BIS authorization include, but are not limited to, off-loading ethane at a port in China and delivering ethane to an intermediate consignee, ultimate consignee, or end user in China.

The June 1, 2025 letter informed you that the license requirements would remain in effect unless or until either (1) BIS informs you of a revision to or rescission of the letter, or (2) license requirements are imposed through amendment to the EAR. 

Accordingly, I am informing you that effective as of the date of this letter, the license requirements set forth in my June 1, 2025 and June 25, 2025 letters are hereby rescinded. These rescissions do not relieve you of your obligation to comply with other provisions of the EAR, including list-based and end-use/end-user-based license requirements or embargoes and other special controls set forth in parts 738, 742, 744, 746, and 774 of the EAR. BIS notes that, consistent with § 762.1 of the EAR, you are required to retain all applicable supporting documents and records of shipments, including those made while the license requirements above were in effect, in accordance with the recordkeeping provisions in part 762 of the EAR.

If you have any questions about this letter, please contact Charles Wall at (202) 482-4875 or Charles.Wall@bis.doc.gov.

 

Sincerely,

/s/ Kevin J. Kurland

Kevin J. Kurland

Acting Principal Deputy Assistant Secretary for Export Administration

cc: escrawford@eprod.com, bsanders@eprod.com, rdboss@eprod.com,

jpoling@akingump.com