Killing the $2.6 billion Sandpiper Pipeline Project could help bring about a supply-and-demand balance in the Bakken Shale by 2020, analysts from East Daley Capital Advisors Inc. told Hart Energy.

The project is in doubt following the Aug. 2 announcement that Enbridge Energy Partners (EEP) and Marathon Petroleum Corp. (MPC) would scrap their JV for the 450,000 barrel per day (bbl/d) Sandpiper in favor of an investment stake in the Bakken Pipeline System, which includes the 470,000 bbl/d Dakota Access Pipeline.

The proposed 24-in. and 30-in. Sandpiper would stretch 661 miles from near Tioga, N.D., to Superior, Wis., and is intended to ship Bakken crude to refineries in the Midwest and Canada. The project is slated to create 3,000 construction jobs.

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