Phillips 66 and Enbridge Inc. have announced an open season for the Gray Oak pipeline.
The Gray Oak pipeline will provide producers and other shippers the opportunity to secure crude oil transportation from west Texas (USA) to the destination markets of Corpus Christi, Freeport and Houston (Texas), with connectivity to over 3 million bpd of refining capacity and multiple dock facilities capable of crude oil exports. Shippers will have the option to select from origination stations in Reeves, Loving, Winkler and Crane counties in west Texas.
The Gray Oak pipeline is expected to have an initial throughput capacity of 385 000 bpd. Phillips 66 and Enbridge will evaluate expansion of the system beyond 385 000 bpd, depending on shipper interest in the open season. The pipeline system is anticipated to be placed in service in the second half of 2019.
The open season will commence at 12 p.m. CST on 11 December 2017. Prior to participating in the open season, interested parties must execute a confidentiality agreement to govern the receipt of the open season documentation.
Read the article online at: https://www.worldpipelines.com/business-news/12122017/open-season-announced-for-gray-oak-pipeline/