Second summit called for future of North Dakota pipelines vs. rail
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
North Dakota Governor Jack Dalrymple and industry leaders are holding a meeting in Bismarck to learn more about the future of pipelines in North Dakota.
The summit is happening today (Tuesday 24 June) at Bismarck State College's National Energy Centre of Excellence.
Dalrymple hosted a similar event two years ago that was attended by more than 100 industry and government officials.
North Dakota is the nation's number two oil producer behind Texas. The state is producing about 1 million bpd but about 70% of this is being moved by rail, as producers increasingly have turned to trains to reach US refineries, where premium prices are fetched.
Dalrymple says more pipelines will reduce truck traffic, curb natural gas flaring and create more markets for the state's oil and natural gas.
Edited from various sources by Elizabeth Corner
Read the article online at: https://www.worldpipelines.com/business-news/24062014/second_summit_called_for_future_of_north_dakota_pipelines/
You might also like
The World Pipelines Podcast
Juan Caballero, Chair of the AMPP Board of Directors, talks about AMPP’s global efforts to prevent corrosion and to protect assets, offering insight into how the association listens to its members and serves the pipeline industry.
Listen for free today at www.worldpipelines.com/podcasts or subscribe and review on your favourite podcast app.
T.D. Williamson announces strategic investment from Apollo Funds
T.D. Williamson (TDW), a global leader in pipeline infrastructure technology and services, have announced a strategic investment from funds managed by Apollo.