Plains GP Holdings, L.P. is the general partner of Plains All American Pipeline, L.P., involved in transportation, storage, and marketing of crude oil and refined products.
Plains GP Holdings, L.P., through its subsidiary Plains All American Pipeline, L.P., is a prominent player in the midstream energy sector across the United States and Canada. The company operates through two main segments: Crude Oil and Natural Gas Liquids (NGLs). Its extensive infrastructure includes a network of pipelines, gathering systems, and trucks dedicated to transporting crude oil and NGLs. As of December 31, 2021, Plains GP Holdings owned and leased assets totaling 18,300 miles of pipelines and gathering systems, along with 38 million barrels of above-ground tank capacity and 1,275 trailers.
In addition to transportation services, Plains GP Holdings provides essential storage, terminalling, and throughput services for crude oil, NGLs, and natural gas. The company also offers NGL fractionation, isomerization, and natural gas and condensate processing services. Its operational footprint includes significant storage capabilities with approximately 74 million barrels for crude oil and 28 million barrels for NGLs, complemented by four natural gas processing plants, nine fractionation plants, and extensive rail and marine facilities.
Established in 2013 and headquartered in Houston, Texas, Plains GP Holdings plays a crucial role in the energy logistics chain, catering to producers, refiners, and other industry stakeholders. PAA GP Holdings LLC serves as the company's general partner, overseeing its strategic direction and operational management to sustain its leadership in the competitive midstream sector.