DALLAS—Energy Transfer LP Feb. 28 announced that its subsidiary, Bayou Bridge Pipeline LLC, launched a binding supplemental open season to solicit additional shipper commitments for transportation service from Nederland, Texas to Lake Charles, La., through the Bayou Bridge Pipeline System.
Bayou Bridge anticipates that incremental capacity on the Bayou Bridge Pipeline System will be determined based on committed subscriptions made by shippers during the open season.
The Open Season commenced at 12 p.m. (Central Time) on Feb. 28.
Bona fide potential shippers who desire to receive copies of the open season documents are required to execute a confidentiality agreement and may direct their requests for a confidentiality agreement to the following e-mail address: dlBBPL@energytransfer.com
The Bayou Bridge Pipeline provides light and heavy crude oil service from multiple sources to Lake Charles and the St. James crude oil hub, which are both home to important refineries in the Gulf Coast region.
The 30-inch Nederland-to-Lake Charles segment went into service in April 2016, and the 24-inch Lake Charles-to St. James segment was completed in March 2019. The pipeline, owned 60% by Energy Transfer and 40% by Phillips 66 Partners, is operated by Energy Transfer.
Recommended Reading
Baker Hughes Awarded Saudi Pipeline Technology Contract
2024-04-23 - Baker Hughes will supply centrifugal compressors for Saudi Arabia’s new pipeline system, which aims to increase gas distribution across the kingdom and reduce carbon emissions
PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt
2024-04-23 - PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.
Equitrans Midstream Announces Quarterly Dividends
2024-04-23 - Equitrans' dividends will be paid on May 15 to all applicable ETRN shareholders of record at the close of business on May 7.
SLB’s ChampionX Acquisition Key to Production Recovery Market
2024-04-21 - During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.
PHX Minerals’ Borrowing Base Reaffirmed
2024-04-19 - PHX Minerals said the company’s credit facility was extended through Sept. 1, 2028.