Friday, January 6, 2012

EPP, Enbridge Begin Seaway Pipeline Open Season

Link here.

Data points:
  • Enterprise Products Partners (EPP) and Enbridge to build new pipeline from EPP's Houston-area ECHO terminal to Port Arthur, TX
  • EPP and Enbridge soliciting commitments for an expansion of ENB's Seaway crude oil pipelien
  • an initial 150,000 bopd on the reversed Seaway pipeline could be available by 2Q12
  • pump station additions, etc., could increase capacity to 400,00 bopd if warranted
  • EPP and ENB each own 50% interest in the Seaway pipeline system; EPP is operator
  • the new pipeline from EPP's ECHO crude oil terminal SE of Houston to the Port Arthur-Beaumont refining center is 85 miles long; will give shippers access to heavy refining; the line should be up and running in 1Q14
Cool.

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