EXHIBIT 12.1

SPECTRA ENERGY PARTNERS, LP

COMPUTATION OF RATIO OF
EARNINGS TO FIXED CHARGES

The ratio of earnings to fixed charges is calculated using the Securities and Exchange
Commission guidelines.



|                                                              |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|------------------------------------------------------------- |  | ----------------------- | ----- | ---- | - | ----- |  | ---- | ---- | ---- | - | ---- |  | - | -----
|                                                              |  | Year Ended December 31,
|                                                              |  | 2009                    |       | 2008 |   | 2007  |  | 2006 |      | 2005
|                                                              |  | (in millions)          
|Earnings as defined for fixed charges calculation             |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Add:                                                          |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Pretax income from continuing operations                      |  | $                       | 66.4  |      | $ | 38.5  |  | $    | 49.4 |      | $ | 42.3 |  | $ | 21.4 
|Fixed charges                                                 |  |                         | 17.3  |      |   | 18.6  |  |      | 17.7 |      |   | 9.0  |  |   | 9.1  
|Distributed income of equity investees                        |  |                         | 144.8 |      |   | 71.7  |  |      | 22.7 |      |   | 20.3 |  |   | 181.8
|Deduct:                                                       |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Interest capitalized                                          |  |                         |      |      |   | 0.2   |  |      | 0.1  |      |   | 0.9  |  |   | 0.8  
|                                                              |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Total earnings (as defined for the Fixed Charges calculation) |  | $                       | 228.5 |      | $ | 128.6 |  | $    | 89.7 |      | $ | 70.7 |  | $ | 211.5
|                                                              |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Fixed charges:                                                |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Interest on debt, including capitalized portions              |  | $                       | 16.7  |      | $ | 18.0  |  | $    | 17.1 |      | $ | 8.6  |  | $ | 8.7  
|Estimate of interest within rental expense                    |  |                         | 0.6   |      |   | 0.6   |  |      | 0.6  |      |   | 0.4  |  |   | 0.4  
|                                                              |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Total fixed charges                                           |  | $                       | 17.3  |      | $ | 18.6  |  | $    | 17.7 |      | $ | 9.0  |  | $ | 9.1  
|                                                              |  |                         |       |      |   |       |  |      |      |      |   |      |  |   |      
|Ratio of earnings to fixed charges                            |  |                         | 13.2  |      |   | 6.9   |  |      | 5.1  |      |   | 7.9  |  |   | 23.2