Enbridge Holdings (Seaway) LLC, a subsidiary of Enbridge (U.S.) Inc., an affiliate of Enbridge Inc., Calgary, (NYSE, Toronto: ENB) plans to acquire the ownership interest in the Seaway Crude Pipeline Co. from ConocoPhillips, Houston, (NYSE: COP) for $1.15 billion.
The 670-mile pipeline system includes the 500-mile (805-kilometer), 30-inch-diameter long-haul system from Freeport, Texas, to Cushing, Okla., and the Texas City terminal and distribution system serving refineries in the Houston and Texas City areas. The system also includes 6.8 million bbl. of crude-oil tankage on the Texas Gulf Coast and four import docks at two locations.
The line is currently being reversed to go from Cushing to the Gulf Coast, and is expected to have initial capacity of 150,000 bbl. per day by second-quarter 2012.
Following pump-station additions and modifications, anticipated to be completed by early 2013, the capacity of the reversed pipeline will be up to 400,000 bbl. per day in mixed service.`
Recommended Reading
Integrated RNG: Nopetro Energy on Creating a Circular Economic Model
2024-05-01 - Working with municipalities, Nopetro Energy aims to produce 2 million MMBtu of RNG annually.
Chevron, Brightmark JV Opens RNG Facility in Arizona
2024-04-10 - Eloy RNG produces RNG using anaerobic digesters at the Caballero Dairy in Arizona, Brightmark said April 10.
Clean Energy Begins Operations at South Dakota RNG Facility
2024-04-23 - Clean Energy Fuels’ $26 million South Dakota RNG facility will supply fuel to commercial users such as UPS and Amazon.
Energy Transition in Motion (Week of May 17, 2024)
2024-05-17 - Here is a look at some of this week’s renewable energy news, including more moves by the U.S. to strengthen and protect the U.S. solar panel manufacturing sector from China.
Archaea to Convert Landfill Gas to RNG in New Kansas Plant
2024-04-30 - Archaea Energy’s plant in Shawnee, Kansas, will capture gas from a nearby landfill and convert it to renewable natural gas.