Yahoo! In-Play:
Enbridge launches open season for Southern Access Extension: Co announced a binding open season to solicit commitments
from shippers for capacity on the proposed Southern Access Extension
pipeline, to be constructed, owned, and operated by U.S. subsidiary
Enbridge Pipelines (Illinois) L.L.C. The new pipeline will transport
crude oil from Pontiac, Illinois, at Enbridge's Flanagan Terminal, where
it will receive crude oil from Enbridge Energy Partners, L.P.'s
Lakehead System, to Patoka, Illinois. The 165-mile (265-kilometer),
24-inch diameter pipeline will be constructed as a stand-alone project
with an anticipated in service date of early 2015.
This is really, really cool.
MDW just blogged about this extension a few days ago (December 7, 2012, to be exact):
- a 265 km, 24-in od, Southern Access Extension Pipeline from
Flanagan, IL, to Patoka, IL; estimated $800 million; initial capacity
will be 300,000 bopd; contract for supply will be Marathon Petroleum
- Enbridge could increase capacity if demand is warranted (additional horsepower or increasing od to 30 inches
- Subtotal: $0.8 billion
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.