Edgewater Midstream announces close of acquisition of assets from Shell
Published by Alfred Hamer,
Editorial Assistant
World Pipelines,
Edgewater, a portfolio company of EnCap Flatrock Midstream, has announced that it closed its previously announced acquisition of the Sinco Pipeline system and the Colex East and Colex West Terminals in the Houston refining corridor from certain subsidiaries of Shell USA, Inc.
Acquisition Details:
- The Sinco Pipeline system includes a series of intrastate refined products pipelines connecting the Deer Park Refinery Complex to the Colex East and Colex West Terminals, along with various other refined products and crude oil terminals along the Houston Ship Channel.
- The Colex East and Colex West Terminals include approximately 3 million bbls of motor fuels storage capacity. The facilities offer a strategic connection at the origin of the Colonial Pipeline, providing a direct conduit into the largest refined products pipeline in the United States. The facilities also offer a connection to the Explorer Pipeline which delivers refined products from the US Gulf Coast to Midwest markets.
- Edgewater is focused on collaborating with key customers and shippers to improve the logistical constraints around the Houston Ship Channel while providing a high level of service and ensuring safe and consistent operations.
Read the article online at: https://www.worldpipelines.com/business-news/04122024/edgewater-midstream-announces-close-of-acquisition-of-assets-from-shell/
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