NuStar Energy L.P. announces binding open season for expansion of Permian crude system
Published by Aimee Knight,
NuStar Energy L.P. has announced the start of its binding open season for a capacity expansion of its Midland Trunkline within the NuStar Permian Crude System.
NuStar is proposing to expand the capacity of its 20 in. Midland Trunkline that runs from its Stanton Terminal to Midland Junction by adding pump upgrades at the Stanton Terminal. The expansion would offer approximately 60 000 bpd of such expanded capacity to the EPIC pipeline at Midland Junction. NuStar is offering up to 90% of the expanded capacity to shippers making long-term, ship-or-pay commitments, with at least 10% available for walk-up shippers. The project is expected to be in service in the first quarter of 2020.
Binding open season
A shipper that executes a transportation services agreement during the open season will have the option to elect priority transportation rights on the expanded capacity. The open season commences at noon CST on 20 November 2019 and will extend until 5:00 pm CST on 20 December 2019.
Read the article online at: https://www.worldpipelines.com/business-news/22112019/nustar-energy-lp-announces-binding-open-season-for-expansion-of-permian-crude-system/
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