May 7, 2009 (FinancialWire) — Martin Midstream Partners L.P. (NASDAQ: MMLP) has completed the sale of its Mont Belvieu, Texas, natural gas liquids railroad unloading terminal to Enterprise Products Operating LLC, an affiliate of Enterprise Products Partners L.P. (NYSE: EPD) for approximately $23.1 million.

The facility has been operated by MMLP or its predecessor since 1991 and has the capability to unload refinery grade propylene railcars and transport the RGP to the Enterprise Products Operating Mont Belvieu facility via pipeline. Martin will finish construction related to the expansion which is expected in June 2009.

sale of this facility, caused by the poor economy, will provide MMLP with improved liquidity and will result in a negligible loss of distributable cash flow to MMLP.

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