Printer Friendly

600-mile pipeline system planned.

Byline: Journal Record Staff

TULSA Dallas-based Energy Transfer Partners, Tulsa-based Magellan Midstream Partners, MPLX LP and Delek US Holding have received sufficient commitments to proceed with plans to build a new 30-inch-diameter common carrier pipeline to transport crude oil from the Permian Basin to the Texas Gulf Coast region.

The partners may increase the pipe diameter to expand the capacity based upon additional commitments received during an upcoming open season. An open season for additional shipper volume commitments on the new pipeline system will start this week.

The 600-mile pipeline system is expected to be operational in mid-2020 with multiple Texas origins, including Wink, Crane and Midland. The pipeline system will have the strategic capability to transport crude oil to both Energy Transfer's Nederland, Texas terminal and Magellan's East Houston terminal for ultimate delivery through their respective distribution systems.

MPLX, based in Findlay, Ohio, is midstream energy master limited partnership formed in 2012 by Houston-based Marathon Petroleum Corp.

Delek US Holdings, based in Brentwood, Tennessee, owns refineries in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana.

Copyright {c} 2018 BridgeTower Media. All Rights Reserved.

COPYRIGHT 2018 Dolan Media
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2018 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Journal Record (Oklahoma City, OK)
Geographic Code:1U7TX
Date:Sep 4, 2018
Words:188
Previous Article:Wall Street mostly positive.
Next Article:Feeding Oklahoma Drive starts Oct. 1.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters