Blueknight extends open season for Oklahoma Condensate Pipeline.
Blueknight Energy Partners extended the binding open season for its Oklahoma Condensate Pipeline until Dec. 18, 2015.
"We have received strong interest from current customers and positive feedback from prospective customers regarding our new condensate pipeline project," said Mark Hurley, BKEP's CEO. "Our decision to extend the open season was made to give potential customers sufficient time to complete the review and approval process."
BKEP intends to convert a portion of its existing Oklahoma Mainline System to meet growing demand for dedicated condensate service. The pipeline, which will originate in Maysville, OK, and terminate at the BKEP Cushing Oil Terminal, will primarily serve the Scoop and Stack shale plays. The system initially will be designed to move a single co-mingled condensate grade crude oil. However, with sufficient customer demand, a second grade of condensate could also be transported.
The project is expected to be completed in the third quarter of 2016.
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|Publication:||Pipeline & Gas Journal|
|Date:||Jan 1, 2016|
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