Plains All American Pipeline LP (NYSE: PAA) has begun an binding open season for committed crude oil transportation from the Permian Basin to the Corpus Christi/Ingleside area, the company said on Dec. 13.
Origin points will be Orla, Wink South, Midland, Crane and McCamey, Texas. The open season provides an opportunity for shippers to enter into transportation services agreements providing for long-term crude oil transportation on the pipeline and committed tariff rates.
The pipeline will include a combination of existing pipelines and two new pipelines. The first new pipeline will extend from Wink South to McCamey, Texas, and the second pipeline will extend from McCamey to the Corpus Christi/Ingleside area.
Subject to receipt of necessary permits and regulatory approvals, the pipeline could be operational in third-quarter 2019.
More information can be found at www.plainsallamerican.com.
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