SemGroup® Corporation and DCP Midstream, LP have announced that, due to ongoing shipper interest, they have extended by one month the open season to solicit binding commitments for the development of a new pipeline system to transport segregated, light batches of crude oil originating in Cushing, Oklahoma and terminating in Houston, Texas. All potential shippers must submit binding commitments by 5 pm Central Time on 28 February 2019.
The proposed Gladiator Pipeline would originate at SemGroup’s Cushing terminal and provide crude oil service to Gulf Coast markets. The Cushing origin would provide potential shippers the connectivity to source barrels from key pipelines that converge in Cushing, including the White Cliffs Pipeline, which serves Colorado’s DJ Basin.
At the pipeline’s destination, potential shippers would have many options for connecting barrels to a variety of demand centres, including refineries in the Houston area or to crude oil storage and export facilities, such as SemGroup’s HFOTCO Terminal. If sufficient commitments are obtained, subject to the receipt of all of the necessary approvals, permits and force majeure, the proposed Gladiator Pipeline is anticipated to be operational by the 3Q20, following the potential construction of new NGL capacity by DCP.
Read the article online at: https://www.worldpipelines.com/business-news/01022019/extended-open-season-for-crude-pipeline-from-cushing-to-gulf-coast/